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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Another hint...

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We have had MANY requests from RED ONE customers to create an option where they can keep their RED ONE and still buy an early EPIC-X.

Many of you have made your money back several times over with your RED ONE, your RED ONE has become part of your family, you want to hold on to part of your personal history... along with industry history. We get it.

We will create another option for you to consider on the 30th.

Jim

This could be a great thing..even for me..if I find the funds that is :)

Thanks for the options any ways.
 
Depending on your tax bracket it can easily be 25% savings here in the US (you can accelerate depreciation to 100% deduction in first year up to $110K or so-can't remember the specific number.)

R1 # 206 invoiced about 4 days after the new year so lost about $6000 in tax savings for 2007 taxes.

Depending on RED's fiscal year it might push their taxes to this year rather than next, but it sure would be nice for us out here to get that tax savings.

In the US, accelerated depreciation deduction can only happen in the year in which the equipment is put into service. It is not enough to simply pay for it... you also have to have taken delivery, to take the deduction. It doesn't matter if you file on an accrual or cash basis, as the rules for capital equipment are pretty much the same either way. (I am not an accountant, but I am rather sure that this statement is correct.)
 
Hey Jim,

I know you can't give a definitive answer on this just yet, but how about rewarding the early Red One adopters by going in order the camera's were RECEIVED, not just going in order of serial number??

I know a lot of people early on were taking advantage of your 6 month grace period, but why should they get the opportunity over someone else who committed from the get-go? Just wondering...

Alex Mitchell
 
while we're talking about options. I'd put in a request for the "totally broke but want an EPIC" option which is upgrading at a reduced cost to the X brain by omitting the battery and I/O modules (I can use the bricks from my R1 and most of my recording is in the field so I don't need I/O imminently)... just putting it out there...
 
We have had MANY requests from RED ONE customers to create an option where they can keep their RED ONE and still buy an early EPIC-X.

Many of you have made your money back several times over with your RED ONE, your RED ONE has become part of your family, you want to hold on to part of your personal history... along with industry history. We get it.

We will create another option for you to consider on the 30th.

Jim

Jim
Many did indeed, and many I would say majority looked at it as long term investment and took a long way with a path to the sensor upgrades.
With all the fairness you are offering it's what it is, an obsolete camera when Epic emerges.
You balance it well thought and I hope I can afford all that it's coming.
I will not be able to ditch 20.000 every year. the next realistic step for me is FF35 and I hope as a user/owner not a rental to keep going.
Love ya man:)
 
Wow.

Cool. I had thought that there was already a policy in place to keep your Red One and get an Epic-X. By paying the full price of an Epic s35, one could get an Epic-X s35 brain, plus the modules. I thought this way already a good deal. Whatever comes from this hint will just be gravy!

BTW, the original Epic-X offer was the final catalyst for my purchase of the Red One.

I'm pretty certain that I'm not alone in my excitement for the coming announcement.
 
I love my R1, but...

I love my R1, but...

Jim,

Great thought. However, even as much as I love my Red One, I am sure I can fall in love VERY easy with my new Epic X...

I mean, it is only $10K more, and with this economy, the choice is so obvious for me. Unless the offer is too tempting, and it will not cost me my marriage. :Angel_anim:
 
Yes, good timing to take advantage of cheap USD and help our uncle Sam in getting out of this financial mess. :patriot:
 
There is no pressure either way... that is the great thing about choices. Want to keep it, no problem. Turn it in, no problem. Do nothing, no problem. All good.

Jim
 
I like mu RED1, want to keep it with M-X sensor upgrade.

4.5k is enough sensor size resolution for my work at this moment.

Looking forward to get 1 1/2 stop more DR with R1M-X upgrade.
 
I keep reading people say that Epic makes the Red One obsolete, but with the MX upgrade to the R1, I would bet that it would be pretty hard to pick which camera was which, from a two camera dialogue shoot, even when projected.

I'm sure that a colorist could tell the difference between the two codecs (Redcode 42 vs. Redcode 250), when pushing and pulling the footage, but the average audience member couldn't.

I'd guess that the footage would cut nicely. I'm sure the editor would be stoked on that, over a one camera shoot.

If there's a way to keep my R1 as a potential B camera to an Epic-X, without making me default on my mortgage, I would be ecstatic.
 
What will Red be doing with all the Red ones they get back?

Yes i'd love to know as well. I can stack it next to my Punchcard Machine, the IBM 50 manual, NeXT Computer, and my Osborne 1 . Really those are in home.

I collect ancient tabulating & computer devices.
 
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