Thanks. Since the OP did ask about video I think it's more important to note that the image on the GH2 is sort of "baked in", with no way of altering the look too much for post (ie flattening the curve/gamma etc). Canon has the Marvell and Cinestyle picture styles which allow very flat images for post.
That said, the GH2 fields, due to the high bit rate, allow for better deep field shots, due to the detail. The 5D3 sorta catches up once it's tossed in post and sharpened/graded, 5D2 looks terrible sharpened too much due to the aliasing!
I really have to disagree with this. The menu allows quite a few visually different Color/Picture Style that can be pre-set/user modified on the GH2. I spent a lot of time shooting bright colored objects in daylight to fine tune exactly the color/gamma/sharpness I wanted. I went from a relatively punchy color/gamma look to what is now a very nice, flat but not washed out look...straight out of the camera. Maybe I just like the way it looks but some others wouldn't...
Furthermore, the very high bitrate provides a lot of informational "headroom" for adjusting color; WB; gamma; and brightness/contrast A LOT during editing. GOP1 is fantastic from this perspective since all frames contain real-world, non-interpolated color/gamma information...which, again, makes a big difference during editing. The linear/log gamma facilities in EDIUS 6 are very effective with HBR mts, if required.
I'm not trying to change anyone's preconceptions...but you've really got to see how lovely the acquisition is/can be straight out of a well set-up (and that's the tricky part) GH2.
"I'm going to the London screening and I'm very much looking forward to seeing the results. I'm not normally a pixel peeper, but I do like to get geeky sometimes! smile.gif I think this already played at NAB last week, but I've not heard anyone's opinion yet."
Simon
Yes...it's a hard life being a pixel-peeper!
Apparently, the NAB screening never happen because of technical issues.
Have a look at Phil Coltart's "RED Epic verus Panasonic GH2" on Vimeo...it sent the RED FORUM guys into fits of apoplexy. You might not agree with him but it's a good read.
http://vimeo.com/30751603
"I left this review open for your interpretation but I will state strongly that I expected the RED to perform the same as a good 1080p cam like the GH2, only 5 times bigger. Mark my words clearly, because I was with the Epic for four days and on the phone extensively with RED, this camera is NOT sharp, pixel for pixel compared to the GH2. When you Zoom the RED raw files to 100% and you look at the GH2 at 100%, the GH2 smokes it. SMOKES IT! and I am not talking about false sharpening."