I guess I can see that. Take off the handle though and suddenly the C100 is hardly any bigger than a DSLR. In fact, it's about twice as deep as the 5D but the same width and height even with the side grip. And having proper video features makes it as easy as it gets to just pick up and shoot. No fussing around in menus to change anything, there are dedicated (and programmable) buttons all over the side and on the thumb grip for easy access to everything you need.
The 60p cheat basically consists of shooting in 60i at 120 shutter speed (or 180 degrees if you set the shutter to angles instead of fractions), then bringing the footage into a 30p timeline and slowing it down 50%. Or drop it into a 24p timeline and slow it down to 40%. This is using Premiere, I'm not sure how the technique varies for other editors but you can find lots about it online.
As others said, you the biggest question you should decide is which is more important for you: 4K or true run-and-gun (handle, audio, rigging). The slow-mo..ya, true 60p is nice, but do you really need it? And when you do, can you get by with the 60p cheat on the C100? I've done the cheat myself numerous times and the quality difference hasn't been nearly enough to be a deal breaker, the fact is it still looks pretty great. If you're shooting really fine details in slow-mo then ya, it's probably gonna be a bigger issue but otherwise it really is a solid workaround.
Honestly, I lament buying my C100 damn near every day because I paid full price last January. If I knew the price would plummet or that Canon would slap us in the face with the mk II and no 4K upgrade option, I would've waited for the Fs7. But if I could go back and do it again for $2,000, I wouldn't even hesitate. It is absolutely worth the investment at that price. I love the camera to death, I just paid way too much for it for how it compares now to the market.
Because no, it is not really cheap. How can you actually defend its price point? It offers next to nothing that outdoes the competition. That isn't to say it isn't worth more than the competition, I 90% agree that it is. But this should be a $12K camera.
Comparing it to the Fs7, the most expensive of its competitors..It has an AMAZING autofocus feature set, really great stuff there. It has a very nice screen. I'm in the crowd that prefers the Canon look, so I'll give it that too. 12-bit 2K is pretty great for anyone doing greenscreen/serious VFX work that doesn't need to be handled in 4K, though you're making a trade-off there with the resolution that might ultimately make it a moot point, direct testing would be the only way to tell. But that's pretty much where the advantages end, and those are not nearly enough to justify being double the price.
Disadvantages...no way to use it off the shoulder out of the box. No way to reposition the handle out of the box. No way to shoot highspeed without cropping the sensor (while cropping is a nice option to eliminate bad moire/aliasing, it should still be an OPTION - a >2x crop is pretty huge). Highspeed framerates that pale in comparison.
I fully admit I'm jealous of anyone who can afford this camera, the fact is I couldn't afford an Fs7 either. My C100 isn't being replaced any time soon. But there's just no way this thing is worth $16K when all the competition surrounding it is so, so close and in some ways better. Canon is being stubborn and ignorant as always with this price point. They could've doubled if not tripled their profits and sales if they released it at $12K, it really makes no sense.
I think he called him arrogant because he kinda comes across of "I can afford it, not my problem you can't" which I have to agree with the arrogant comment there. This camera is not even close to being high-end enough to justify that price point.
I've never once had a client ask me what model my camera is. Using a Canon hasn't earned me any more jobs than if I was using something else. Canon just overcharges for the brand name. This camera is just too damn expensive for what it offers and perhaps more importantly, what it still doesn't offer that the competition does.