Hopefully by now you've all seen The Hobbit production diaries. If you haven't, suffice to say Peter Jackson's adaptation looks to be shaping up quite nicely. The latest one (available via Peter Jackson's Facebook page) describes the film's innovative cameras, the Red One Epic, which shoots in 5K resolution at 48 frames a second -- in 3D no less. What does that mean for cinema as a whole? Who knows. But it could be a serious game changer, even more so than James Cameron's Avatar was back in 2009.