All I know is the 5Dmk2 is a LOT cheaper and more versatile than a HTS 1.5 for my H3 - granted at lower quality, but really, in print, can you tell??
I agree with this statement completely. Not only is the canon/cambo solution a LOT more affordable, but dollars and cents aside, the system is much more efficient and freeing to use. And in the end, the quality is very acceptable.
This system is really perceived, by my clients, as a HUGE IMPROVEMENT: They can take a peek through the angle viewfinder (like they used to be able to)... the video leaves less to interpret (except maybe an exact crop) when composing... all of this and that large file is captured in one pop! Before there were always trade offs to be explained... really I'd guess my canon/cambo alternative is perceived as more the latest/greatest/expensive item then my 503/digital back or VC/digital back.
I often crop the sensor with certain art directors as they seem to recognize and find inspirational the 6x7 or 4x5 crop -such as I do. Though strangely, as of late, it seems that the 35mm aspect ratio is really becoming more and more in sync with crops making for efficient use of the sensor.
Last year all of my work that required view camera movement, or scaling up, I used a P25 or P45. This year I have used the 1DS III and 1DS III/cambo x2 for all such work. I get to justify keeping my 503 and lenses, and finally I have a back up camera of the same format... my old 5D-- so far so good!