As a refresher, Scarlet brings some rather nice features:

* Increased REDCODE data rates
* New FLUT Color, Gamma and Sensitivity Science. Now same as EPIC.
* More extensive modular system integration.
* Interchangeable Lens mounts including focus and iris control of electronic RED, Canon and Nikon lenses, along with Zoom data (Scarlet 2/3" Interchangeable)
* "Touch Focus Tracking" with electronic lens mounts and RED touchscreen LCD's (Scarlet 2/3" Interchangeable and 8x Fixed)
* Two independent microphone level channels, balanced input circuits, 48V Phantom Power, digitized at 24-bit 48KHz.
* GigaBit Ethernet port
* Scaled 1080P at 60fps

Now onto the eye candy we both know you came here for. Meet Scarlet and her band of lenses and accessories:

Assuming everything goes according to schedule, we'll be seeing this line of cameras in the summer of 2010, while some of the lenses will be out as early as December. Yeah, I won't be getting them either, but I'll keep drooling anyway. [RedUser]

Jarred Land from RED says this is the first footage from the 2/3" Scarlet prototypes and that the frame above was pulled straight from the video. He also says this "heavily compressed" and "quick and dirty." We should all aspire to assemble things as quickly and dirtily as this. [RED Forums]

1. Keep your RED ONE and shoot great images. Get continual free firmware upgrades.

2. Keep your RED ONE and upgrade your sensor to Mysterium-X for $4,500.

3. Trade your RED ONE in, and receive $17,500 credit, towards the purchase of an EPIC-X S35 Private Reserve package, which is only available to RED ONE customers.

4. Trade your RED ONE in, and receive $17,500 credit, towards the purchase of an EPIC FF35 Pro Cinema "Brain".

5. Trade your RED ONE in, and receive $17,500 credit, towards the purchase of an EPIC 645 Pro "Brain".

6. Trade your RED ONE in, and receive $17,500 credit, towards the purchase of an EPIC 617 Pro "Brain".

7. Keep your RED ONE and purchase a Scarlet System (one time only) with a 12% discount.

Remember that, if you have a Red One, a) you can only use one upgrade per camera—once you use it, the serial number is done; and b) we hate you.

Here is the price list:

Until we get our own, I will be playing with the one on loan at the Gizmodo Gallery. Come and check it out too. [Red User]

The core of the new line is made up of the new 'Mysterium' brains, pictured in the gallery above and detailed in the gallery below. These boxy sensors can be built up into 5D-esque DSLRs, compact prosumer camcoders, full-fledged professional video cameras or even a 3D unit with a new line of lenses, flash storage, frames, mounts and other add-ons, outlined with the new sensors below. In addition to their own lenses, the new cameras mercifully support gear built for Nikon and Canon standards with mount adapters, so you don't have to re-buy all of your optics. In spring, when the first of the new units are intended to ship, RED One users won't be left out in the cold — they'll get purchase credit towards new cameras, or if they'd just like to throw one of the new sensors into their existing rig, credit towards that. I guess this is what Jannard meant when he said RED had a 'new vision'.

For the full release, click here. Warning — comically giant JPEG. [RED]

I want to say that no one has any idea how incredible this announcement will be. Call this hype... please. I am quite sure that the announcement will be called a "scam". Should be a lot of fun to hear the reactions. I can't wait.

Doesn't that sound like something you definitely want to hear about? It's a pretty bold move making such a statement in so public a forum, and that's got our collective camera-geek brains ticking over. Could it be the fabled 4k video capture, a response to Canon and Nikon's recent video DSLR maneuver? We can't tell, of course...but at least we've not got long to wait to find out. [RedUser Thanks Brad!]

"I wanna put her in every home on the planet," says one of the characters in the "trailer." Yeah yeah yeah, now go back to peeling potatoes or whatever you do when you're not on set. Prices in Korea range from around $1,500 to $5,300, but there's no word on US prices—or, for that matter, when they're coming over here. [Engadget HD and Associated Press and Scarlet]