I am somewhat surprised that no one mentioned Hiding Place, although it is already three days old:
http://vimeo.com/72996911
I understand, Bloom had fallen from grace. The more relentlessly we can pull the clip to pieces. But actually, despite it is sepia sunset again, I find it quite nice.
In the german SlashCam forum they have a Pocket already, and right after there were reports in the BM forum about grisly artifacts, they made own tests. The effect is called sensor blooming or white orbs or black hole sun phenomenon. Maybe a sensor problem, that would be bad. Maybe software, maybe the codec.
http://www.youtube.com/watch?v=stCTphrtqfo
Easy to reproduce: Parts of the image that really clip tend to 'bloom'. If the clipping is very heavy, the center of the white area turns black.