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Lenses are usually a whole new can 'o worms. THOSE suckers cost an arm and a leg no matter r what camera you are shooting on if you want good ones.

True, indeed. :)

The specs on the RED link above lists "8X T2.8 Red Zoom Lens" so I think this comes with a lense.

Those can be rented... in fact where this will really change things is when the local grip rental houses start renting these things out by the day/week.

Even if the rates are more expensive than the equivalent 35mm kit, the cost of film stock far outweighs the rental costs.

So now for the cost of a day rental, an indie filmmaker can shoot at 3k quality, and only be limited by hard drive space (which is way cheaper than film, and is renewable) rather than the $600/min cited above for 35mm film stock.