5D mark II does 1080P Footage!

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From the Canon site -

The EOS 5D Mark II will record video up to 4GB per clip or a maximum continuous movie capture time of 29 minutes and 59 seconds, whichever comes first. Depending on the level of detail in the scene, a 4GB memory card can record approximately 12 minutes of video at full HD resolution or approximately 24 minutes in standard definition.i Video clips are recorded in .MOV format using an MPEG-4 video compression and sound is recorded using linear PCMii without compression. The new camera features an input terminal for external stereo microphones as well as a built-in monaural microphone for convenience. To help show off those fantastic movies as well as still photos, the EOS 5D Mark II camera includes an HDMI (High-Definition Multimedia Interface) output to display crisp, clear images on a High-Definition TV.

$2699 without Lens.

This sounds like and excellent greenscreen camera if the compression is good.
 
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its not 24p like the D90.... but I will fully forgive it for the 21 megapixels and full frame.... sexy..... anyone want a 5D mark I?
 
it's bad because it's not 60p :-)

More assumed knowledge. Can someone explain the downside to 30fps? Is it bad only when the destination is film?

EDIT: I got some great answers to this in the Monster (D90) Thread. Thanks, guys.
 
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I like shooting with 24p as a base frame rate, 30p is nice but not for the application I am going for unless it was of course an over-cranked shot. I just want 24p with a 180/144/90/45 shutter... no monkey business. This is a great step in the right direction though- I just have to complain about something I guess...
 
Man oh man... here we go again.

(Referring to my obsession, in which I was hoping was over, with the D90 thread)
 
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