Red, the HD camera company owned by the founder of Oakley Sunglasses, has announced a new smaller version of there amazing camcorders. The Scarlet, shoots in the REDCODE RAW HD, up to 4096×2304, which is beyond current HD and is more in line with a 35mm film camera.

Translation: Awesome looking HD-video that should look as if it’s shot with a 150K camera.

The target price is rumored to be around $3,000 USD and should be ready sometime next year…or whenever they ship it.

Also, it should be a great little travel camcorder due to it’s size. The only thing missing is an underwater housing for it which I am sure could be built by Gates or Light and Motion.

Here is the page: http://www.red.com/nab/scarlet

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