You are close ! I am sure someone will build this soon. Parts of this are already happening in smaller formats. look at the GoProHero 2.
There is even much more which would make sense, like direct raw output for Video and Photo, large batteries, WLAN, electronic lenscalibration (like in the D800)
Thanks for sharing your thoughts, I have read this with large interest !
Greetings from Germany
cool thanks for your comments. and true there is probably a lot more that could be improved on the "software" side, I was mainly focusing on the hardware side. but what do you mean with the GoProHero 2, I mean it is a great camera, but is there something fundamentally different from the previous version (I know it has been improved a lot, but it seemed to me that it is "only" the same as the previous version (which is already great) just much better) did I miss something?