The yet-to-be-released, Red Scarlet S35, has been redubbed by Red Leader, Jim Jannard, as the EPIC Light.  As he puts it, the price and features have changed as well.

The Scarlet S35 was originally announced in late 2008 and was spec’d with a 5120 x 2700 resolution Super 35 sensor that would capture 5k footage at 30 fps (w/ 72fps burst rates).  The initial price point for the Scarlet S35 was $7000 for the body (brain) only and would be available in Canon, Nikon, Red and PL mount options.

No word on the revised specs or price; however, according to Jannard, we should know something next week.

[RedUser.net via PhotoRumors]