It's been quite a day for all you cinephiles out there. First Canon outed its pair of Cinema EOS cameras, and now RED has finally released the Epic's baby sister Scarlet. Scarlet packs a similar punch as her older brother, so she takes 5K (5120 x 2700) resolution stills at 12fps, or can shoot your next cinematic masterpiece in 4K (4096 x 2160) at 25fps. The Scarlet also can use all of the Epic's accessories and comes with a Canon mount so there's plenty of glass to choose from, too. Best of all, Scarlet can be all yours for the low price of $9,750. That's right, for the price of a used Honda Civic, you can shoot video that essentially looks as good as those made by pros like Peter Jackson and John Shwartzman (assuming you've got their moviemaking skills). We're about to get our hands on one, so stay tuned for our first impressions. When she's all by herself, Scarlet cuts a rather petite figure. She weighs the same as an Epic, but trades her elder brother's ebony exterior for one that is, according to RED founder Jim Jannard, "battleship gray." Not the most feminine color, but we must admit we like the two-tone appearance when you start adding on extras like a RED remote or an external view screen. Unfortunately, we didn't get to shoot any video with Scarlet, but we did get to hold her for a bit and found the build quality to be top notch. The camera has a solid feel, and while we wouldn't want to lug it around all day by hand, it's easy enough to maneuver for several minutes at a time. We're hoping we can do some serious shooting with Scarlet with sometime soon for a fuller impression -- RED aims to start shipping them on December first -- but given her low price point and copious cinematic capabilities, we imagine her dance card will be filled for quite some time.