It sounds very cool. The process sounds interesting. Using what you have available is so smart. It means the thing gets made instead of being just another unmade idea.
I remember when using video equipment to do narrative drama was frowned upon and not considered real filmmaking. There was a real split between film people and video art people. Different groups. Different distribution. Different types of people attracted to it. (Some with a foot in both worlds too.)
A few years ago I predicted that other NLEs would eventually copy FCPX's magnetic timeline (or similar) and here we are.
Filmmaking would be much harder without gaffer tape. Used for so many things.
And Lowell lights. We've all used his lights.
One of the first things people not in the biz ask me is "What's a gaffer?", (then followed by What's a grip? and What's a best boy?.)
Where I work we have a huge collection of old formats that we're restoring. In among them are AVIs, WMV, MotionJPEG movies, etc. When they were made those formats were relevant but now they're not. We save a copy of the originals but also convert them to ProRes and Uncompressed. (ProRes for working with them now, Uncompressed for archival purposes.)
It's not a big deal. You just set up a batch conversion on a spare computer and let it run for a few days.
About this notice I'm glad Apple is informing us of what might happen in the future so we can start converting our 32bit footage now and it not be a shock if it happens. Don't shoot the messenger.
Something to remember is that while the Ursa Mini has 15 stops of dynamic range and the BMPCC4K has "only" 13 stops, just a few years ago a camera having 10 stops of dynamic range was considered super awesome.
We're doing very well with either of these.
I think you have an outdated opinion on this. Apple made a big effort to bring professionals into the 21st century with 10.0 but the transition was too abrupt for some.
It's time to let go of old grudges and look at it again. It's being used all over the place by professionals on commercial projects.