Only a few days after the pipe dream of a camera was rumored to be in development, it looks like it is in fact a reality. Our good friend Den Lennie from Fstop Academy has been secretly working with the FS700 for some time now and has spilled the beans about this exciting new camera.

Most of the rumored features are included in the pre-production model he was working with. The form factor will be very similar to the FS100 while cramming in new features like ND filters and HD-SDI. The camera will shoot 200/240fps (depending on your region) at 1080p! But it doesn’t end there…the camera will also shoot 400fps at a reduced bit rate while still full frame or at 800/960 fps at reduced bit rate with a cropped image. The camera has HDMI out just like the FS100 but now features 3G/HD-SDI. According to Den:

We also discovered that you can record the super slow-mo out onto an external recorder.  We used the Atomos Samurai so you can aquire 200fps at 1080P in ProRes 422.

And if that wasn’t enough of a selling point, the camera is also 4K ready:

The first 4K-ready Super35mm camcorder in its class – providing an assured upgrade path to 4K acquisition and delivery – with full HD 1080p for today. The camcorder will also have the capability to produce 4K RAW 3G-SDI output via a future upgrade.

The only question remains: Will it be in the $8K-$9K price point as originally rumored? If so, it will change the market for sure.

Read more about the FS700 on Den’s website.

Preliminary Information
This is preliminary information. All features and specifications are subject to change without notice.

4K-ready
The first 4K-ready Super35mm camcorder in its class – providing an assured upgrade path to 4K acquisition and delivery – with full HD 1080p for today. The camcorder will also have the capability to produce 4K RAW 3G-SDI output via a future upgrade.

Super slow motion at 10x at full HD or 40x at lower resolutions
Incredible super slow motion capability of up to 10x slow motion at full HD resolution or up to 40x slow motion at a reduced resolution, giving you creative options that were once only available with specialist high-end equipment.

E-mount interchangeable lenses offer a wide choice of lenses
The E-mount interchangeable lens system utilises an extremely short flange back distance allowing you to use a huge array of lenses via a range of adaptors giving you almost unlimited creative options.

Additional A-mount lenses available
The Sony LA-EA2 A-mount lens adaptor allows you to use the wide range of high quality alpha lenses and take advantage of the auto focus function for quicker, more convenient operation.

Built-in HD filters
The NEX-FS700E features built-in, ultra-thin ND filters, offering exceptional shallow depth-of-field on highlights. It also means less accessories to manage as no external ND filters are required.

3G-SDI interface and HDMI
A 3G-SDI output enables easy integration with highest quality recording formats.

Exceptional ergonomics
The NEX-FS700E has a refined ergonomic design with a robust detachable handle and grip.

Switchable 50 Hz and 60 Hz shooting
The NEX-FS700E is switchable between 50 Hz and 60Hz to allow 24p shooting in PAL areas and no PAL/NTSC limitations.

Selectable magnification and positioning of expanded focus
Expanded focus improvement allowing 4x and 8x magnification and a moveable area of expansion for easy focusing with shallow depth of field.

Camera profile settings storage on memory card
Up to 99 camera profile settings can be stored, allowing rapid adaptation to multiple shooting environments without time wasted adjusting parameters. Settings are also easily shared in multi-camera productions.

More on Sony’s FS700 site.