^ Totally agree with you on that one. Though you can use Existing EF lens' on it which saves you that much more money and it can record to CF. For the Price i'd rather get an F3 and get SLOG with it. Though getting a few lens with that will jump the budget. Apparently this camera is suppose to compete with the Epic and not the Scarlet.
Did a little more digigng for the RED scarlet.
“Price for Scarlet-X, including Brain, Side SSD and Canon aluminum mount (auto-focus support) is $9,750 if ordered before December 31st, 2011. After Jan. 1st, 2012 the price for Scarlet will be $9700 for the Brain only” That's an effing steal!