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“What are the technical advantages and disadvantages of 1K uncompressed versus 5K compressed? “
Yeah, that one’s definitely for the ‘Advanced Info’ Thread. As far as ‘staying ahead’, with a 5k cam onboard you’ll be ahead of the game for some time. The problem with uncompressed HD video is Storage. The compressed files on the flash cards are huge as is. The good news is multi TB drive prices are dropping quickly as storage technology moves further toward solid-state.
What I would like to see are some side-by-side comparisons of footage shot by those productions using both the RED ONE and the Mk II. I’d also like to see their workflow incorporating the two different file formats and what post-production support gear they use to make it all work.