The future is solid state memory. When large capacity solid state drives are available at an affordable price they will be a viable option for video, especially given the time benefits for editors who will no longer have to deal with tape in real time. It will be feasible to store uncompressed video on such drives and hopefully the cameras will do this, although at the consumer level at least the greed of the manufacturers will most likely prevent them using uncompressed formats ever again. If they can save a buck on the camera by compressing the video they will do it even if it leads to a degraded image.