RED's Jim Jannard is whipping his fanbase into a frenzy with a steady stream of fragmented pictures. The one above looking every bit the 5D Mark II-killer we've been expecting. Jim's even dropping facts about Scarlet and EPIC being "completely modular and upgradeable in every way." What's more, he's offering hope to RED ONE owners who might feel cheated by today's introduction of Scarlet and EPIC. After all, he did promise to make "Obsolescence Obsolete" with his modular approach to camera building. So in addition to a TBD upgrade price for RED ONE owners to make the jump to a Mysterium-X sensor, owners will also have the option of trading in their cams for a $17,500 value towards the purchase of "any EPIC" (there's more than one?) or keep the RED ONE and receive a 12% credit on a Scarlet system. Nice... expensive, but nice. Check the gallery for all the images including one that looks like a telephoto lens for a RED DSLR.
P.S. Jim confirmed that, "Scarlet and RED EPIC are part of the same DSMC system." While you may not know what DSMC stands for, we're pretty sure that Canon and Nikon are well aware that DSMC means Digital Still & Motion Camera.
Update: Three-pound Scarlet and four-pound EPIC Mysterium-based "brains" capable of shooting 3K and 5K video, respectively, pictured after the break -- choose the brain then build a system around it. What look to be final (and complete!) product shots added to the gallery.