Matt,
I think you have completely missed the point of this camera. First, you have to realize that it is not an HDV camera recording heavily compressed HD video in long GOP to a mini-dv tape. The HVX-200 will record a much higher quality HD image than either the Sony Z1 or the new JVC… Believe me, there is a huge difference especially with 4:2:2 color space. There is still no HD camera (except for the Panavision HDCAM SR) which can do variable frame rate… another advantage of the HDX. I think once you understand how much data is involved, you will better understand why there are limitations of record time. Better quality = more data. Sure, Panasonic could have crammed a DVCPROHD recorder into the camera, but it would cost $35,000 instead of $10,000.
The HVX-200 is not going to be for everybody, but I don