Michael Olsen
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To my group I think $6000 comes close to the breaking point.
I'm not trying to knock your budgeting, but I've heard other people say similar things (i.e., "I plan to stretch and spend every penny we can on the camera") without considering the other costs of ownership - like media storage.
REDRAW is amazing at what it does, but it is definitely not like storing, working with, or backing up some ~35mbs video.