RED will release two new updated version of Epic and Scarlet cameras on November 13th, 2008. These new versions feature new incredible programs for both video cameras. FYI, the original Epic and Scarlet has been released in April 2008 as 5K and 3K resolution video cameras, respectively. The cameras are priced at $3,000 upwards

Panasonic has decided to release its world’s smallest DSLR, LUMIX DMC-G1, in the United States market. For your info, the LUMIX G1 adopts the Micro Four Thirds system that eliminates the internal mirror structure that defines digital single-lens reflex (DSLR) cameras and reduces the size and weight. The LUMIX G1 DSLR Camera will be released in three different colors including black, red and blue for $800 each