This comes from the Cineform Website:
Per the title, the following product description is preliminary, and we don't yet have a delivery date. That said, we're putting together the pieces and partners to help make this a reality as soon as possible. Don't hesitate to contact us if you are interested in helping.

We anticipate developing multiple members in the recorder product family – each targeting different recording needs. This first device targets HDV camcorder users and offers the ability to bypass the highly-compressed MPEG format. The features specification is below. We imagine a sister device that supports single-link and dual-link HD-SDI recording.

EDITOR'S NOTE: You can post your comments, questions and suggestions at the end of this article, contact Cineform directly at productinfo@cineform.com or join the discussion at DVInfo.net.

(Preliminary) CineForm HDMI Record Module Feature Spec
Physical Interfaces:
  • HDMI A/V Input
  • HDMI A/V Output
  • USB: interface for attachment to record bay
  • Audio: 2x RCA input (maybe)
  • Headphone output – 3mm stereo mini
Dimensions: Approx 5"W x 3"D x 1.5"H
Record Format:
  • CineForm AVI or MOV (user selectable)
  • Spatial Resolution: 1280×720 or 1920×1080
  • Chroma: YUV 4:2:2
  • Precision: 10-bit
  • Frame Rates: 23.976p, 24p, 25p, 30p, 50p, 50i, 59.94i, 59.94p
Record Media:
  • Compact Flash
  • External laptop drive through USB interface
  • Approximate Record Times for 10-bit 1080p24: 32GB CF: ~ 40 minutes; 160 GB 5400 rpm Laptop Drive: ~3 hours
  • UDF drive format
  • Note: Can record both to CF and through USB simultaneously for data redundancy
Record Features:
  • Auto-detect camera modes (?)
  • Two Quality Modes: “SP” and “LP”
  • Inverse Telecine processing
  • Deinterlacing
  • Time code recording (Spec TBD)
  • Image Flip (for lens adapters)
  • Variable-length pre-record. Keeps 5-15 seconds of video recording in advance of hitting the RECORD button.
  • LAN-C interface for START / STOP camera control
Record Monitoring:
  • HDMI pass through
  • Recording preview on LCD screen
Player Features:
  • Ordered playlist queue
  • HDMI A/V playout
  • Preview on color LCD screen
User Interface:
  • LCD panel similar to iPod LCD panel (touch sensitive?)
  • 5-button context-sensitive menu interface
  • 3 modes: SETUP, RECORD, PLAYER
Power: Mounted battery – still TBD

Price: Sub $2000

Requested Features under consideration:
  • Dual CF slots for continuous recording.
  • Component HD input. Comment: We're really tempted to keep the first version of the recorder as a digital-only device. But we realize older camcorders don't have HDMI. So I think we'd like to explore a small form-factor external component-to-HDMI converter with a partner.
  • Replace dual RCA jacks (shown) with 3mm stereo mini jack OR
  • Replace dual RCA jacks with BNC connectors so cords don't become unplugged
  • Firewire interface. Comment: Maybe. We wouldn't use FW for data, only for START/STOP control. Although the signaling is present, even Sony doesn't use the FW port on their hard disk recorder (HVR-DR60) for START/STOP control.
  • Belt Mount