Sorry, but I think checking the Varicam as luggage is a big mistake.
I’ve traveled the day before a shoot only to find the camera got lost in transit. What a hassel!
The other posts are right — it is a pain to carry on the camera, find room to stow it overhead, etc. But at least you know it’s headed where you are. Also, I find that, once folks know you’ve got an expensive camera, they are careful with their own stuff.
It gets down to what you’re comfortale with.
Cheers,
Thomas Kaufman, DP
Washington, DC