Wow, has Canon fallen off a cliff?

I like the ergonomics and the bitrates, but that's it!

Huff! What on earth are canon doing? I used to be a right little canon slut ! but this camera does NOT make me excited. I bet a pack of bubble gum they release a XC30 and a XC50 (c300, c500) with the XC50 having interchangeable lens system. I sold my 7D mk1 and 50D for a Hacked GH2 followed by the GH4...and i will never look back! I guess with a 1"Cmos there shouldn't be any MOIRE PATTERNS in video....but hey i aint going hold my breath!

Currently there are more cameras than you can shake a stick at which can 95% beat the XC10 for much much less (RX10/LX100/FZ1000), or 200% beat it for a similar price. (GH4/A7s/NX1)

So you have to fit into a very weird tiny little niche, not to want either side of those two alternative options and instead want the XC10.

And once the Sony RX20 is released I bet that camera will then beat the XC10 125% for half the price. Which will leave the XC10 with no niche whatsoever to fill, not even the little tiny weird one it might fill right now.

Heck, it could be argued the Sony AX100 (with Sony XLR-K2M) and Sony PXW-X70 (which is getting the 4K update at the same time the XC10 is shipping) are already beating the XC10 by 125% for less/same.

Xenocide38, yeah I too am mystified by all the praise for it.... damn blind Canon fanboys I reckon! I wrote a very critical blog post about it yesterday: http://ironfilm.co.nz/canon-cinema-eos-xc10-shoots-4k-video-and-has-1-inch-sensor/

You did however forget to mention one point units favour over the FZ1000, the XC10 has an ND filter. But.... only at ONE setting! Gee... another little fail by Canon

I think it is wasteful to make such a cam without interchangeable lenses. Now, some Canon lenses are great, of course, but the Zeiss labelled lens on the ax100 is going to be tough to beat.

i think canon has high spectation for this new form factor. Personly i think its a very good option, has the right tools for this segment.

Also has very tight competition again from sony, but there is something in its design that is more appealing than sony versions.

From my personl opinion this little bastard will emerge good, but they have targeted at this segment, this people count each dollar they invest, so, sony will become a good option, if they dont come from canon.

Ermm - 4k 4:2:2 at 305Mbs plus 5 axis stabilisation?

4k focal range really starts from 27mm, and no zoom rocker that I see.
If there's no rocker, it could be a manual zoom lens only, which gives hope to it being parfocal.

BUT the only way to record 24p is internal 4k, none for HD or HDMI output (according to B&H website, since Canon doesn't have any descriptions for this camera on their website yet).

And why can you only record 4k on CFast cards?
And is the lens even an 'L' Series Lens?
At least there's ND..

an FZ1000($746 current Amazon price) AND an RX10($998) AND an LX100($759). That would be $2503 in total. I rest my case.

...another enigma from the pooch-screwer ! What were they thinking ? I do like the ergonomics , but why would anyone choose to pay almost 3x the price over a fz1000 or rx10 ? For the rotating grip ? That's questionable. Now if they'd put a new aps sensor with their M mount, they might have garnered my interest. But this.... is another canon-shot in the foot ! And certainly sony and panasonic have their canon-killers in the lab at this very moment ...at a third or half the price. I hope they see the beauty of the rotating grip though.

Just looked at the specs and preorder on B&H... $2500 for what? Am I missing something? The Panasonic LX100 has the exact same features, better lens and larger sensor for less than half the price.