Yeah, probably if confronted with that choice I'd go for the V1. But for some people the margin may be significant and they'll think of all the other stuff they could buy for $450.

The V1 is worth the price due to progressive scan which allows lower shutter speeds without cutting the frame rate. 24p with 1/24th shutter looks acceptable and gathers much more light than 1/60th 60i. I personally prefer 1/30th 30p for less jitters and even that speed is a full f-stop faster than interlaced.