Last year when we were looking to replace out video camera, we decided to get a Sony NEX-5 camera. It is actually a still camera that doubles as a video camera. We've seen this convergence of video and still imaging coming, but it is only recently that its gotten to the point where it made a difference to us. It's true that the NEX-5 isn't quite as flexible of a video camera in some respects, but the image quality is great and the ability to have both the still camera and the movie camera available to me without carrying two cameras is fantastic.
I've always thought of this convergence as still cameras swallowing up video cameras, but the video above takes a different view. It gives a Red Epic (an awesome film (video) camera) to a portrait photographer who is used to using a fancy, high-end Hasselblad still camera. His reaction is very interesting. Take a look and see for yourself.