It's a pretty sketchy rumor, but we're hearing that Canon's working on a pro video camera based on a 12.1 megapixel APS-C CMOS sensor similar to the one in the Rebel XSi. That makes perfect sense to us, actually -- DSLRs with video capabilities like the 5D Mark II and the new Rebel T1i have definitely shaken up people's expectations of prosumer video, and Canon's sitting on a well-regarded camcorder division primed to pounce on a new market. According to CanonRumors, the new pro cam will look similar to the XL H1 pictured above with support for EF and EF-S lenses, sport fully manual controls as well as autofocus, and shoot 720p/30/60 and 1080p/24/30/60 to 56Mbit/s MPEG-4. Sounds pretty good, but aye, there's a rub: word is that Canon's DSLRs won't ever get similar video features in order to protect this cam's high-end $8,000 price tag -- which sucks, but also makes perfect (if annoying) sense to us. It's all rumor for now, but we'll see how it pans out -- the pro and prosumer video market are about to get crazy interesting.

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Canon working on DSLR-based pro video camera?