@Edmund: yes, clearly one stop (as in raising the base ISO speed by one stop) is often acceptable for video- and cine-cameras, but no way in still cameras. Look at how people obsess over DR measurements and comparisons in fora like this one!
@D Fuller: Red uses a fast rolling shutter with less rather than no “jello effect”; electronic shutter is not the same as global shutter.
UPDATE: my apologies; Red does describe it “soft shutter” as a global shutter, and it is almost but not quite there. It uses a similar idea to something Panasonic is working on—a layer in front of the sensor whose transparency/opacity can be quickly electronically switched—but the effect is not quite simultaneous, so there are still some “temporal artifacts”. My hope is that a layer like this built into the sensor module and with negligible lag will give true non-mechanical shutters usable in a stills camera, and thus eliminate shutter-shock (to answer Malina DZ on why it could help stills photography)
I’ve just noticed that the fp is the first “all electronic, no moving parts” interchangeable lens stills camera. That trend could make it far easier for new and smaller companies to try innovative designs based mostly on outsourced electronic components. Maybe software and ergonomics (good UI and UX) will become more important fields of competition. A shared lens mount like MFT or L would be needed by the smaller players though; lens design is becoming the last most challenging mechanical, “analog” part of camera design and manufacture.