Looks awesome! We made our first film for about the same amount: http://grandmawerewolf.com

I hate to say it but many of the examples in the benefits of 8k are just wrong.

1)Lower noise floor - Not necessarily. On the same size sensor the pixels will be smaller and more noise (like dslrs) but the noise will be finer due to more pixels.

2) More DR Mapping - Uh no. There will not be more Dynamic Range

3) Reframing - Yeah that's true

4) Less DOF? - No that's determined purely by sensor size, focal length, focal distance, and aperture

5) New Lenses - That has nothing to do with 8k.

6) Magnification - I think you mean reframing.

So there's one benefit of 8k. Reframing.

One hand this is exciting. Canon is listening to a little. But on the other hand, they got many things wrong. They added a 2.85x crop in 4k (& no Dual Pixel AF). But the biggest thing to me is that they have a whole different line of lenses. The reason people like Canon is the lenses honestly. This camera negates that because you'll need an adapter. Also no Log Profile (assuming)

Honestly had to check to make sure it wasn't april 1st. I can't see using any Red higher than the scarlet-w. Why would you need anything more than 4k 120fps? And idk full frame seems like over kill, S35 is where it's at.

Things for Camera Dept that can get you fired
1) Formating the wrong card - Seems like a simple thing not to do but if you don't label the cards, don't have an on set DIT, and the crew is trying to rush you...
2) Not having enough batteries ready - I've been on shoots where I've gotten yelled at for not having plenty of batteries left.
3) Buzzing a shot on a high stakes scene

Honestly after I finish a first draft, there ends up being a lot of scenes that are just leading up to favorite scenes or getting the characters from one thing to another. When I'm re-writing, I like to look at each of these scenes and just think of creative ways to make every scene the scene that people will enjoy.