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Because it included a gamma shift option, it has been used as an automated color correcter to bring GH footage into a cinematic gamma space. Though - the real claim to fame for high end use is an algorithm to *recreate a smooth 4:4:4 10 bit color space from the sub-sampled h.264 4:2:0 8 bit space, as well as a workflow component to mass convert dslr formats into common post codecs (prores, dnxhd).
There are plenty of other programs for transcoding to ProRes that do it much faster & I don't think any of the evidence from various reviewers supports the proposition that sprinkling fairy dust over 4:2:0 8 bit colour space video to magically turn it into 4:4:4 10 bit colour space video is useful.Because it included a gamma shift option, it has been used as an automated color correcter to bring GH footage into a cinematic gamma space. Though - the real claim to fame for high end use is an algorithm to *recreate a smooth 4:4:4 10 bit color space from the sub-sampled h.264 4:2:0 8 bit space, as well as a workflow component to mass convert dslr formats into common post codecs (prores, dnxhd).


How would you do that manually?
I don't know how this compares to what everyone else is doing, but I've had great success lately using Sony Vegas' colour curves in its 32bit editing mode. The highlights seem to pop out of nowhere!
I've come to conclude that the GH2 actually has a much better dynamic range than I previously thought. The in camera processing must "squash" the shadows and the highlights to add more contrast, whilst not actually clipping. Just like adding more contrast with curves, I guess. Anyway, here's an example...
One thing I've noticed is that, because of the compression, some artifacts become visible in the highlights. Easily solved by filming in Cine mode, though - looks absolutely fantastic! I'm much happier with my GH2 now after finding how to get the DR to seem visually greater.
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The last thing, unfortunately on the net you always read the same people that repeat the same thing, like bigger sensor gets better DR etc. Using the same level of tech from the same generation yes. But that is not the case when you use different manufactures and generation of technology. For example the latest Sony exmor sensors have been better and better in DR compared to the Canon ones. The result is that the 1/2 size apsc Nikon D7000 trouce the full frame Canon 5D mark2 by a good 2 stop.
Well, I need to admit that I can not seem to be able to get such romantic skies as easily now with Lumix cameras as I did with Canon HV30. Had the lens not been so very poor in HV30, I might have started to investigate how to activate the HDMI output of HV30. But the lens was rubbish in HV30, so I switched to cameras where I could use any lens. Truth is, I would be happier with a combination of HV30 and GH2, the high light latitude would come from HV30 and sharpness and interchangable lenses from GH2.
Allow me to link to a sample of a romantic sky from HV30 with no color grading at all: http://www.fourseasonshd.com/cgi-bin/csvsearch.pl?db=db2&tp=tp3&search=1061
I just pointed the camera there and it captured the sky like that. I have lost appetite doing landscapes with Lumix cameras, because they do not have the same skies.
But the lens was rubbish in HV30