I've been hearing people say that the Sony FS700 is too "videoish". I recently shot a short action film which was my first chance to really test out the FS700. Each scene was lit and setup as you would any true film. In these scenarios I was really blown away by the image from the FS700. Coming from a Canon 5D MkII, the FS700's codec held up so much better while still having a ton more dynamic range.
Technical Specs from the shoot:
Format - 2.85:1
Cine Gamma 1
Lenses - Canon 24-70 f/2.8, Tokina 11-16 f/2.8
ISO - From 400 up to 3200
FPS - 24, 60, 120
Note: I've done no grading or modification to the image besides cropping the frame to fit for the 2.85:1 format that I filmed for. Also, the shot where the agent is drawing his gun in slo-mo was shot at 120 fps at ISO 3200. The grain was very small and what I would easily consider usable. The only issue is web compression turns the grain into pixelated blocks and makes it much more apparent. I can also tell you that any banding or compression seen in this video is due to Vimeo's compression and is not seen in the original footage.