It seems by now that there almost certainly will be a new video-orientated camera out in the new year. Too much smoke for there to be nothing there at all.
Opinions are wildly different about whether it's gonna be a low pixel count, low light 'monster', or simply an improved implementation of the existing sensor, but either way it will offer some sort of upgrade to the iso performance of the camera (which is it's only true weak point imo).
I'm really fascinated to see what kind of performance they are going to offer us. Here's my table of awesomeness:
'Clean' at ISO 800 - This is how I would describe the GH4 that I currently use, in that a properly exposed clip shot at 800 generally looks okay to me, with very little noise to speak of. 1250 works okay too, though with a smattering of noise usually. 1600 is pushing it a bit and often needs noise reduction in post. I wouldn't go above that personally. Bear in mind that noise looks worse quicker on video compared to stills (because it dances about drawing attention to itself).
The bad thing about this level of sensitivity is that, although I have never been in a reasonable situation where I could not get a good image, I sometimes find myself having to expose at f1.8, which is not an ideal aperture for shooting groups of people, or even two people having a conversation
.
Clean at 1600 - This is how I've found the GH5 the few times I've used it. Obviously a big improvement, but still not all that impressive when you consider how good the rest of its specification is.
Clean at 3200 - This is the minimum I am expecting from a 'GH5s' (the name, like everything else, hasn't been confirmed yet). Will that improvement be enough to make me and others pay the increased price (expected to be £500 more than the already £2,000ish GH5)? Well, in all honesty, yes. But I hope it's a bit more than just that.
Clean at 6400 - I reckon this would be a sweet spot really
. I imagine this would allow exposure at f2.8 in even challenging situations, which I could happily live with. It would also make f2.8 zoom lenses a worthwhile proposition, which I'd also like to try out.
Clean at 12800 or above - I'll be surprised if we get up to these (for MFT) dizzying heights! Then I would be considering it a low-light monster
.