I have to admit CineForm is one of my favourite companies out there. I’ve visited them once and they are the nicest bunch of engineers you’ll find on that side of the rockies :-). Aside from their famed CineForm Codec (which btw is awesome), they have just released the specs and conceptual drawings for what will probably be the coolest gadget at next years NAB ;-).
They anticipate developing multiple members in the recorder product family – each targeting different recording needs. This first device targets HDV camcorder users and offers the ability to bypass the highly-compressed MPEG format. The features specification is below. They also imagine a sister device that would support single-link and dual-link HD-SDI recording.