Thanks Chris.
Initially, I used to depend on Light Meter instead of Histogram and was getting highlights blown. Shooting with histogram seemed to be a better way of preserving highlights. Film is more excusing in that regard when you use Light Meter and highlights don't get blown.
I was talking about the image during post (desaturated look), when opened with Red Cine. Once we apply "S" curve, image is better.
My question is why does it look like that ? We call it a raw image, so, shouldn't it match with what our eyes perceive ? What factors are causing to make it look like that ?
I have not seen raw footage by other cameras like D21, so, I'm not sure if this is the characteristic of Red One or raw footage in general.