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HLG isn't a standard, it's more like a semi-technical marketing phrase, however, rec2100 and rec2020 are HDR standards and you can use a CST to convert them to whatever you like. If I shoot a clip in 709 and then HLG on my GH5, then the conversion from rec2100 to 709 is pretty close to the 709 version SOOC. Close enough that the difference is irrelevant, because you're going to want to push and pull the image in post, and those adjustments will easily override the differences out of the camera. It's easily tested - just record a clip in HLG and then in V-LOG and use the CST to convert both to rec709 and see which input colour space / gamma is closest to the V-LOG conversion. The better you get at colour grading, the less you care about which camera or colour space was used, as long as it's a robust and efficient codec and has colour management support.

This is what I was getting at whenever I've gone on rants about the changes coming to the way we think about storytelling via 'video' and why our convos around cams are discussions about tech that already has an expiry date:

Some will - most won't and my kid might wax nostalgic about the days when people took pictures and shot video, but will be just fine with AI, the way we were just fine with mp3s.

A few years ago I said something here on this forum about how AI could even replace wedding photgraphers/videographers. My point was that I didn't know what the technology would look like, but it would eventually be possible. My wild brainstorm was something along the lines of setting up a dozen video cameras, then AI uses that information to generate a whole edit, with closeups and clear audio, nicer lighting, etc. Doesn't look like the tech that far off. Budget weddings won't even need the video cameras, just a couple photos and a description of what happened. It won't be "real," but will the influencers and influencees care?

Yeah he covers this exact topic toward the end, and agrees with you. The entire film and media production industry will be vastly different in the coming years, and that is obviously an understatement. But also the pandemic did not help. I've watched my audio engineer and video peers fight for the tech/quality standards that have governed terrestrial tv and radio since its creation - and the pandemic, which forced all productions to use Zoom video/audio conferencing tech via hosts' living rooms with crappy audio situations - actually proved to the higher ups that audiences don't notice the loss in audio/video production quality. Which is also due to the reality that social media had already crept up and normalized subpar audio/video quality in the minds of the audience. Now YouTube/TikTok/IG audio is a 'style' or 'sound' - not an example of inferior quality.

I decided with my GH5 that HLG was a better log space than V-Log, because in HLG the amount of bits for the midtones and saturation were higher (and therefore suffered less from the compression). This comes at the expense of the shadows and highlights, but these are far less important than skin-tones, so I figure I'm making a good trade-off.

I really enjoyed your material and quality you achieved as a dp. The editing imo does not show that to the fullest potential. Editing reels is a pretty thing and art by itself, of course. Your cinematography still shines through. @PPNS

Anyone really loving the colour they are getting from their S line cameras? I liked the results filming in HLG better than in VLog, which I got after grading.

I have a nanlite FL20g, and while it isn't optimized, from what my eye could see, it did a good job. At least in terms of getting it to be spot instead of flood. I should find an affordable light meter and just invest in that, then I could be a little more accurate in my thoughts. Looking at getting two of these Colbor reflectors, I have some of their 100 watt lights and they do a good job. https://www.bhphotovideo.com/c/product/1736566-REG/colbor_colbor_bhr55_55_degree_hyper_reflector.html But overall, absolutely for the price these are great. They're bright enough I'm blasting them through a cloth/softbox or bouncing them off something, so I'm gonna get some color shift anyway; and like you said, they'll go a little green as they get older too. But I'd rather have a little more magenta in my skin than green, that's for sure. Mostly because I'm ginger and incredibly pale, so the magenta makes me look a LITTLE closer to normal 😂