Unveiled at IBC 2011 I had a chance to get my hands on a demo version for a review.
It's payload is up to around 5 kgs meaning this is designed for DSLRs in mind but will take lighter camcorders too quite happily.
This is the first good budget tripod I have come across.
I shot this in my very dark hotel room on my new Sony NEX 5N with a very old Nikon 50mm F1.2 lens and the Samyang 35mm F1.4
Read my review here: philipbloom.net/2011/09/09/ace/