Steve Gibby
Red Savant
XDCAM and other ENG/EFP cameras and systems are well established in the industry and not much will happen. No TV station will suddenly go start buying Red cameras because for one, they don't and won't switch their production to 4k. There is no broadcast and no easy delivery in 4k and won't be for years. Just remember how long it took to get to where we are right now - and we are still not broadcasting across the board in HD.
Red is a specialized cine camera, which will make bigger waves in the film industry, namely in the indie sector and to a degree at the higher end of the documentary world and in nature and natural history field. Basically, wherever there is still film domination.
For straight ENG (electronic news gathering) applications, and closely related genres, I'd tend to agree with you that XDCAM and similar camcorders will continue to be the mainstay. But EFP (electronic field production) encompasses a broad spectrum of production genres, many of which IMO RED One will do quite well in, depending on the lenses used and setups.
For my take on that, visit my EFP & ENG Definitions & Explanations sticky in the RED User EFP/ENG and RED forum.
Link: http://www.reduser.net/forum/showthread.php?t=1105