People waited with extreme patience for the Canon Full Frame Mirrorless line for several years. The Verdict? Pretty good start but feels like a mid-range product. It lacks IBIS stabilization on the body sensor which has become one of the most coveted features for camera enthusiasts. It lacks dual card slots and most important of all for us it is 2014 frame rates for a camera of this class.
The camera does shoot 4k up to 30p but it has the same crop that has made the Canon 5D Mark IV a bad proposition for videographers that want 4k footage. The crop is 1.7x which is essentially a Micro 4/3rds sensor size with a speed booster but without all the benefits of those bodies like IBIS and very low rolling shutter with the added benefit of better frame rates. This feels for all intents and purposes like a base product for a line that needed to be released to compete but is still evolving technologically.
The Fuji X-H1 just announced does a lot of things right; It has a 200mbps 4k codec in UHD / DCI, 120fps Full HD which from the initial looks of it looks gorgeous and it finally has the 5-Axis Stabilizer on the sensor 5.5 stops worth that had eluded Fuji cameras for two years now. It even has a new Eterna color profile which makes it easy to color correct without being too flat or too processed.
However, the X-H1 is based on the same 24MP X-Trans APS-C sensor found on the X-T2 which while overall good, it has problems with color moire and fine textures due to the processing on the unconventional RGB pattern which has 4 adjacent green pixels and differs quite a lot from Bayer sensors. See this article from PetaPixel comparing both technologies here. But as far as video mode is concerned it looks to be a good contender to options like the GH5 and Sony 7 series.
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