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It's way too early to know whether the Ninja performs to the same level as recorders that cost 4x to 8x as much. I would love to see a simultaneous recording of HD-SDI out to a Ki Pro while simultaneously sending HDMI out to the Ninja, because theoretically the results should be absolutely identical. If they are, the Ninja would appear to be quite a value. If they're not identical, we'd know that and would be better prepared to make appropriate buying decisions.
And HDMI is a horrible connector, but you can get locking HDMI cables that make it less horrible. If you have the choice of going HD-SDI or HDMI to a recorder, HD-SDI is a much superior choice.
I have read several posts stating that HDMI can't send a 10bit signal, only 8 bit. Any truth to this?