OK, this is being written at the very end of a very tiring first day. Lots of walking as usual, cold dry weather, jet lag, and low nutrition and hydration.
So I'm going to dole out points of interest as I saw them…
Blackmagic Cinema camera. Yes Blackmagic has thrown their hat in the camera ring. It's 2.5k. Shoots as CinemaDNG (an 'open' RAW format), or ProRes or DNxHD. Records on SSDs. Has a touch screen. And allows easy naming of clips with auto incrementing of takes/shots. Just like Deva does for sound. So you don't have to deal with names like 377_0982_03, or A112C001RTYJ3 etc.
Blackmagic announcement of a improved Resolve interface. Ultrastudio express, small Thunderbolt video I/O. Terranex converters at ridiculous prices but with same features and performance and more. Reduced mini-converter prices.
Aja has a 4k recorder (Ki Pro Quad), that receives 4k RAW from Canon's forthcoming 4k camera the C500. 4k will stream as RAW over HD-SDI. And debarring will also be done by the the KiPro Quad.
Aja also announced a tiny Thunderbolt output device, and a rack mount KiPro. KiPros will now record as DNxHD via a free software update.
More details here...
http://www.fcp.co/hardware-and-software/pro/799-the-ki-pro-quad-ki-pro-rack-and-the-thunderbolt-t-tap-from-aja-video-systems
Arri showed a software update for the Alexa which is FREE and which allows you to shoot full 2k on the Alexa as ProRes. This is a slight resolution boost from HD.
Canon showed the C500 camera and the 1D-C 4k cinema camera. Its much larger than the 5D MkII and costs many times more.
GoPro had a huge stall that threatened to edge out Panasonic. Sony moved to the back of the central hall from their position at the entrance. Blackmagic was the largest stall at the entrance of South Hall. Quantel, Filmlight, Autodesk stalls were considerably shrunk. Prime Focus are showing the same old CLEAR stuff which wins awards but appears to be a solution looking for a problem.
3D is not everywhere but still seems to be a fad that refuses to go away.
Disk storage systems big and small of all shapes and sizes were everywhere. Thunderbolt devices were in the scores if not hundreds too.
Dailies and on-set data management seems to be an upcoming flavor. Many systems, some costing many tens thousands of dollars were presented. Colorfront, Scratch Lab, many others.
Links to other coverages on NAB 2012.
http://www.fcp.co/
http://news.creativecow.net
http://provideocoalition.com