Thanks a lot for your awnser Charles!

Just to clarify. . .
 

So this thing really doesn't do what it says it does at all? (Other than allow you to attach a film lens to the XL1) Boy, what a long post to read getting all excited until the last couple of posts. So the P+S or whatever is still the way to go? For $4,000 for an XL1 and $8,000 for the P+S, I'd rather go with a jvc 700wucl and a decent used video lens instead. Poop.