The Verdict on Red Anyone?

The Red One has been around for awhile now but I am having a difficult time getting a consensus of opinion as to whether or not it lives up to all the pre-release hype we endured for years.

It seems that quite a few are in circulation now and with new models already in production, the question remains is the Red going to nail the last nails in the film-camera-casket? Is the Red, with it's price lower than Beta SP cameras used to cost, going to bring studio quality imaging to the man on the street? Sure, a unit ends up setting you back $25K + but I'm just not hearing the type of enthusiasm I expected. Are Red owners putting the kibosh on negative aspects of the camera so they can continue renting them for $$$? So many questions. Maybe the money production companies are saving with this camera can be spent on better crews! ;)