I have worked with slightly older models of the phantom on 2 shoots and I while I would not say they are appropriate for narrative shoots, they were quite successful on 2 music videos I've done as an AC/DIT.
The biggest hurdle these cameras have is the upload time of recorded data. When shooting at high resolutions with high color bit rate, it can take over 10 minutes to upload. Imagine doing 2 or 3 takes, then having to wait. This is very damaging to the production's momentum.
Also the cables supplied, both Ethernet and AC adapter, are cripplingly short.
HOWEVER, one aspect of the camera that is bafflingly overlooked is that the sensor at 30 fps has an ISO of 600!
Sensitivity to light, is the one issue that is often overlooked in the digital vs. film debate. Most HD cameras (unless increasing gain) have an ISO of 250 or 320. Until recently, film has had the distinction of being much faster. Now that resolutions are more similar, digital cameras with more light sensitivity are the real threat to film.
Below is a link of a video shot on the Phantom. You'll have to excuse the Times' compression quality.
http://video.on.nytimes.com/?fr_story=ac3f...3be85c002a4218e
JANDY