I know, when we could have a 10bit codec like the Avid DnH codec or sheervideo or any number of codecs we would not even need RAW

Please keep this going!
 

I am struggling to wrap my head around all that is happening with HD/HDV. I am paralyzed. I have sold my XL2 and have no idea what to do now. This thread has been very enlightening. Thanks.

The HD-SDI is the best yet, if your looking to buy a new Canon the new HD would be a great buy, however I am only saying that it's the "best yet" because we have a loooong way to go before it's perfect.

Right you are.
 

It is an eternal battle for early adopters...when is too soon and when is too late. Whatever I buy will be followed, shortly, by another, better unit. Meanwhile, the ones with the stones to buy a first generation "prosumer" HD/HDV camera are getting the practice and the skill and will be better prepared to adapt to the impending improvements in this relatively new technology. So maybe the time is now (or November). Keep writing and I'll keep reading and hopefully the little lightbulb in my head will shine brightly one of these days. All I know is that I can't put it off much longer.