Cinema 5D is reporting

that Canon has announced it’s new flagship camera, the Canon EOS 1D X.

It is an 18 MP camera full frame, and can shoot 12 FPS in RAW. And it has very exciting new video features:

– 1920×1080 at 24, 25 and 30fps, as well as 1280×720- at 50 and 60fps

– manual audio levels (also during recording)

– ISO range for movie shooting runs from ISO 100 to- 51,200 (surely a new low-light king)

– 2 compression options “IPB” or “ALL-I” (all intra-frames)

– The EOS-1D X still records movies using the H.264- codec but it is the compression type within this codec- that has been changed (!!!).

– ALL-I means every frame for itself!

– no more 12 minute clip length, clips can now be up to- 30 minutes. (clips over 4GB will continue in new file)

– SMPTE Timecode!!! (Nice nice) (Rec. Run, Freerun- and 2 more modes)

– live audio level meter on the rear screen during filming- and the ability to adjust the audio recording level during- filming.

– “silent control” audio level adjustment through- dedicated button.

– 29.97fps and 59.94fps non drop frame for NTSC land

– no more .THM files. –> thumbnails are now metadata- inside the actual video.

– improved (?) moiré and line skipping performance

– it looks like still 8bit (biggest booh)

Still not a real Canon Video Camera based on their DSLR technology, but an exciting DSLR that will be out in March of next year for $6800.

I think that the next announcement will a video camera based on similar technology, like the Sony F3.

Read the full press release at Canon’s site. And a video trailer is available.

Here is the feature sheet.

Petapixel is reporting that Canon has a Pro Event on November 3rd, 2011 in Hollywood.

It is my bet that Canon is releasing a video camera based on their DSLR technology, and I bet they will release one that works with Canon S or at least EF lenses and one that is a PL mount. They usually take longer when it comes to releasing their video cameras, but they are always top of the line, and a true video camera Canon lenses would be awesome, and would give the new Sony and Panasonic cameras a run for their money, especially being able to use existing lenses.