The Red One ain’t your ordinary camcorder. It’s a $17 500 beast that deliver 11.4Mpixel video at a rate of 60 frames per second - way above high definition which means that this can be a ‘cheap’ replacement for formats such as Super 35 mm.
I think that the designer has seen too many science fiction movies though - does it have to look like a prop from Matrix?
RED camera system [red.com]