Pietro Impagliazzo
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Of course many of us here would prefer a much larger format. My guess is that Jim is planning something radically different from modern "full frame" DSLRs.
I think the 15/65mm format would be perfect!!!!Jim??
The main thing I am interested in is advanced exposure control. For instance, I would like to see a "ratchet" timelapse feature that controls exposures through very small-increment shutter speed adjustments (thousandths of a second), but can only lengthen or shorten exposures in one direction. In other words, the "ratchet" feature would be similar to the "click-click-click" on a rollercoaster when you going up the incline. The rollercoaster can go up, but never back. Why is this important? The "Holy Grail" of timelapse is the ability to shoot day-into-night shots, or night-into-day on fully auto exposure settings (in-camera matrix metering, for example). But modern DSLRs do not view an image sequence as a video that needs stable, smooth transitions -- they view each frame as a still. So exposure times jump all over the place as cars or clouds pass through frames. The "ratchet" feature would know in advance that it is trying to make an HD video with very smooth exposure transitions. So, for example, you could be shooting in the middle of the desert with 1/2000th daylight exposures, which would very gradually transition through dusk (1s exposures) all the way to wide open Milky Way night shooting with exposure times of, say, 45 seconds. Not even the great masters like Ron Fricke have truly been able to pull off shots like that!
Regarding exposure times: if it can do 30s exposures, there is no reason it cannot do 90s or 150s. If you are using medium format lenses, you will need longer exposure times than you would with Canon EF bodies.
RED should seriously consider this.