Since the I/O module "provides industry standard timecode" (quartz crystal oscillator?), and has Lemo for timecode sync, two miniXLR audio ports, and dual HD-SDI (SMPTE 372M) for monitoring, I can't help but think how great it would be if the I/O modules were able to run independent of a "brain" in recording audio.
Since each of these I/O modules could seemingly be jam synced to one another (in mulitples) without cables (removing the need for Ambient Recordings and Denecke products to do it) and each one connected to a DSMC CF or SSD (for audio storage) and a Redhandle (for start stop recording operation), it would seem like an infinitely expandeable little Zaxcom Deva (or Aaton-Fostex-Sound Devices-Nagra...) from two miniXLR audio ports on up to however many channels you want. After they were jam synced and batteried up, you could connect a boom or surround mic or mid-side mic setup (and mixers if you wanted) to each one and put them all over the place without cables going all the way back to the central location. You could even slap a Red-LCD on there or hook up to the HD-SDI to monitor.
With 24 bit audio (and if Red put in some sweet preamps and bumped up the sampling to 192 kHz[I don't know audio specs on Scarlet/Epic yet]), and charged $800+ bucks a pop, they could become a large player in the world of field based digital audio recording. Oh yeah, and use a wireless REDmote on the camera brain to start recording audio on a bunch of little setups when video recording starts!
Can this actually be done...or did I just lose it on daydreaming?