While RED has been pretty tight-lipped about its planned RED RAY product, some footage shown off at RED's NAB party gave a sizable hint that RED RAY could be much more than meets the eye -- specifically a $1,000 device that can play cinema-quality 4k video off of standard DVDs. At the party they played an uncompressed showreel of 4k footage on a Sony 4k projector, which clocked in at 1.3GB per second, and then showed that exact same footage under the "RED RAY" codec at a mere 10Mb/s (megabits, not bytes; about half the bitrate of SD DV), at a compression rate of 700:1. Attendees claimed they could see zero visible compression, though a projector in a ballroom isn't exactly the