I just watched Celebration which was apparently shot on 8mm film stock. It still looked better than video, but the quality has a lot to be desired. I have worked with 16mm before and actually thought the quality was pretty good as far as low budget filmmaking went. Never worked with 35mm. So the big question for me is whether or not this new HVX200 will even close to 16mm. I know we can't say for sure until footage is released, but how far in resolution is an HD image compared to a piece of 16mm stock?