Excuse the crappy pictures - They were taken with my iPhone :).
Opinion time. This is just MY opinion here. Let me preface this with the fact that I have been to the Panavision facilities many times. The people at Panavision are a great group of very talented people who are always willing to go the extra mile to get you what you need. Their products are of the very highest quality. And that is evident in the many thousands of great films that have been created using their gear. They offer free training on all of their gear. If you want to learn how to tear a Panavision XL2 down and re-assemble it they are happy to show you.
That being said, I think that Panavision is in a precarious position. I seriously doubt that they will be able to react quickly enough in the marketplace to continue to hold their dominant position. One of the statements made by the Panavision folks during the show was that Panavision feels that film has a very bright and long future ahead of it. I disagree. Moreover, when I see what they have done with the Genesis, I don't see significant innovation.
As filmed entertainment moves into the digital realm, Panavision is at risk of being left behind in a world where changes occur at breakneck speed and prices plummet. I predict that at some point, Panavision will be best served as a lens supplier. I wish them the best of luck. The challenges that they face are significant. In the past, the speed of change for film cameras was lethargic at best. Panavision will have to completely re-invent themselves in order to survive in the new world of digital cinema.