Most film festivals play PAL and NTSC but if you need to fix the audio it's a simple 4% slow down to match to a 23.98 output. I did it before when going out to film. Going out to film for small art-house features is no longer needed and a waste of 50 grand unless you have US distribution on a major scale. I received my nex VG10E yesterday. Right now the down side is the LCD and Viewfinder turn off when you plug in the HDMI cable and it senses power through it. It record out to my nanoflash you have to disable something in the set up and turn off all display or it will record out. Sony is being a little prickish unlike Canon with the HV20. works great with that camera. I plan to buy the Zacuto viewfinder when it comes out. Anybody out there doing any experimenting with getting the uncompressed signal out?