Red working on a DSLR competitor

After taking on the motion picture camera industry, Red is now coming after Nikon and Canon with a DSLR replacement targeted for late 2009. They're calling it a DSMC (Digital Still & Motion Camera), which brings to mind the recently announced Nikon D90.

What is the Red DSMC? No one knows yet. Jim Jannard says its the product in their pipeline that he's most excited about.