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changing any settings would change the whole image, in the hmc, you can have the best exposure settings for the foreground, and the camera would detect the clipped background and change that alone without altering the foreground, that's better than what you can do with the ex.
i think it's cine-like gamma mode with drs. it's in the bigger hpx and has an equivalent in bigger cine alta but not in the ex
This depends on what your markets are. If you are shooting for high-def channels, such as Discovery HD, "close-enough" doesn't cut it. You will not be able to use your 150 for anything but a small percentage of allowable footage. The EX1 apparently is rated at their "Silver" status level and is technically good enough for 100% program footage. So for many (such as myself) this is ALL the difference in the world for selecting a camera. If you're shooting weddings/corporate/indies/family vacations, etc. and there is no mandatory minimum specs required, I'm sure you're right that the 150 'close enough' and is a great value for the moolah. 1/3" chips, no matter what kind, ain't what the big boy high-def broadcasters want for a full HD program. You can only splice a small percentage of footage with those things. They would do me no good. And it would limit my market of stock footage as well.
“...big boy high-def broadcasters....”
That's rich.:beer: