Hi Zeke-
It's 8-bit, but the difference between 8-bit and 10-bit is greatly diminished after any sort of compression. I'll have some comparison shots in the future, but I think you'll be surprised at the small difference.
Mike Schell
Convergent Design
For most circumstances I agree, but if doing color grading for film out, 10bit can help. But then again I could build a bmd/computer/raid based capture setup for that. Though the Flash XDR recording at 160mb would be preferable. I hope you folks can deliver on that, but I certainly don't consider that a deal killer.