Thanks for your reply Kenn, VERY HELPFUL indeed.
The reason as to why I was looking to go with a lens adaptor is due to the fact that the HPX 500 with the Fuji 17x lens provides the comparable effect of a 16mm camera. I really am looking to get 35mm results. I read on another post by Mr. David Mullin who I wish would provide me additional advice as I think he is nothing short of a legendary genuis, read books and articles with the guy in them, he is the best. His quote is below, I wish he could elborate on this sine I am not as inclined as he is. I am looking for stellar film looking results, I know its alot to ask given the equipment I am using.
On a 2/3" CCD camera, you have a similar depth of field to 16mm film. Technically, it is 2.5 stops more depth of field, i.e. once you match distance and field of view by using a shorter focal length on a 2/3" camera rather than a 35mm camera, you'd have to stop down the 35mm camera's lens by 2.5 stops to match the depth of field on the shorter lens on the 2/3" camera.
So if you shoot at T/2.0 on a 2/3" CCD camera, it's like shooting at T/4-5.6 split in 35mm, which is not the end of the world. Even better if you can shoot on some T/1.6 lenses, wide-open, in 2/3" CCD HD. And then you won't have all the problems of using 35mm lenses on an adaptor.