It depends what you shoot. If it's portraits/fashion or similar I'd want the full frame. For sports/wildlife the 7D wins for me.

Yes, Ted, the 5D is the best compliment to the 7D. I shoot about 50/50 on the two cams, though outside I find myself reaching for the 7D, inside the 5D.

The good thing is you get different FOVs with the same lens - so it makes financial sense too (at least that's what I told my wife!).

I don't think Vimeo is really the forum to debate quality differences and being able to notice a difference. The real test is on a broadcast monitor, with an uncompressed codec.

Editing today's shoot from a 5d &7d uncompressed to pro res in FCP and though it's not a true broadcast monitor, viewing through a 32" Sony 1080p LED. The third camera is an XF300 and they are matching very well. The XF is the most natural looking so I ended up splitting the difference saturation-wise. We didn't spend the time setting custom profiles which would help for future shoots but the post processing is just a few clicks. Much less than previous shoots with other cameras.
Some of today's shoot may air regionally so I'll be sure to let people know as it will be an HD broadcast.
Lovin Canon's tools!

Thanks for the confirmation Liam, actually I'm still crossing my fingers canon comes with a 5D upgrade soon. -if theres non then its 5D2 it is.

I've already seen samples from the new panny af100, and, well, at least I speak for myself only, I'm sticking with canon DSLRs for the moment.
I won't argue with anybody here, but from the images "I can get" from the canon dslrs, it outweighs the codec and cost of the af100.

I know a lot are happy with the new panny but, maybe I just saw the emperor has no clothes.

Don't worry Steve, I look at this stuff on grade 1 monitors all the time. Also, I contributed a lot of DSLR footage to a prime time documentary broadcast here in the UK on SKY1 and Sky HD last week. The shots from both the 7D and 5D held up remarkably well:)