Looks like the guys at Cineform may have a really good option for using the SDI-out from the H1. Check out: http://www.cineform.com/products/CanonXLH1Support.htm

Apparently they are working on a direct to disk recorder that will use their Cineform intermediate format.

Anyone has information about this??

If you email them, they will send you information. I don't feel comfortable repeating what he told me (etiquette thing), but it isn't top secret, they will let you know when anticipated release and rough price range is.