Yes Bob, This is all true. I have been running a contract graphics production and IT biz for over 15 years and I have taken some very hard hits on equipment that became “obsolete” by industry standards before I had even recovered my cost on it. I get a sick feeling when I buy new equipment. The only reason I am buying equipment now is for some independent studio video production and to work with a movie industry heavy that wants to do a feature length HD indie video. As disks are getting cheaper I am recommending to him direct to disk recording (raid 1 for backup) rather than tape. HDMI is for behind the scenes 720p 30 and the primary shoot is 1080p 24 with industrial cameras that do not have HDMI or tape transport mechanisms. For the virtual set work we need the lightest wieght, highest detail and lowest cost we can get. So far the system that I am testing is working well (Except that we are STILL waiting on an HDMI capture card) so I can’t comment on that. When his project is done it will be transfered to film. Also, for this application, the production gear can not be rented.