As per this post, Red is not longer being held up by the infamous (if vaguely defined) engineering delay.

That’s great news, and it hopefully means this blog should have more to report on than it has in recent weeks. We’re also moving into our new office space on Monday (finally; this has gotten pushed back [...]

As per Jim Jannard’s post in DVInfo.net:

This is the camera I’ve been waiting for my whole career: jaw-dropping imagery recorded onboard a camera light enough to hold with one hand. I don’t know how Jim and the RED team did it — and they won’t tell me — but I know this: RED [...]