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I'll stay out of this one...
There was this same mentality when producers wanted to keep shooting Betacam for television just before HDTV. In a technology-driven industry, investing in soon-to-be obsolete technology is like buying a first class cabin on the titanic... (too soon?)
I read somewhere awhile back that over 90% of digital cinema projectors are 2k. If that is the case, what would be the point of shooting 4k.
Moving pictures are a fad, real pictures are painted with fingers on walls in a cave.Sound, color and 4K are fads that will never catch on.
Real movies are black & white and have live musical accompaniment.
Why shoot 4k for a less than 2k display? Well, 1st off, let's look historically where 35mm and 65mm film was shot even though the end display could well have been that old CRT 24" TV set in the corner of your living room. Although, there was 35mm cinema releases projected 35mm film wasn't that good in terms of resolution compared to what film is actually capable of, and 70mm projection is fantastic, but rare. But why were TV shows made on 35mm film? Because they looked better that way and although there was much more resolution than the TV could display, you got a better image.
Now look at 4k (or 5k) for 2k cinema and the same applies - it looks better. If you shoot for 2k, aiming for 2k with a 2k sensor, you've got some problems in that it's really hard (difficulties include aliasing and moire) to get all that detail packed into the 2k image unless you're sourcing it from a much higher resolution source. The visual benefits of 4k (when you can't see all the 4k detail due to 2k release, or just sitting too far away from a 4k screen) are apparent in terms of better MTF (better reproduction of detail contrast) at the lower resolutions you can see, less aliasing / moire / stairstepping (when 4k is done right, as RED does). As David points out, what you're doing is oversampling and that does give you those benefits too!
In other words you win with 4k (and 5k+) on a 4k display, and you still get most of the benefits on a 2k screen or smaller, and these are benefits you won't achieve by starting with a 2k sensor!
Graeme
Why shoot 4k for a less than 2k display? Well, 1st off, let's look historically where 35mm and 65mm film was shot even though the end display could well have been that old CRT 24" TV set in the corner of your living room. Although, there was 35mm cinema releases projected 35mm film wasn't that good in terms of resolution compared to what film is actually capable of, and 70mm projection is fantastic, but rare. But why were TV shows made on 35mm film? Because they looked better that way and although there was much more resolution than the TV could display, you got a better image.