Why isn't it the other way around? I'm pretty happy with the 640x480 video that comes from my wife's compact digital camera. I'd be absolutely thrilled with the 1080p that comes from the 5DII - possibly even more than the video that comes from a Red 35FF because its already finished, compressed and ready to go instead of occupying gig after gig in Redcode I'd probably never get around to dealing with. There are probably lots of still photographers out there like me that would only shoot a few minutes of video (or "motion") a year and really don't care much at all about the quality compared to the quality of our stills.
Lee if you really don't care about motion quality, then I think it's pretty obvious that a RED camera is not for you.