RED's Dragon sensor - 20 stop dynamic range

JPEGs would be alright for starters, yes you are right about the file sizes, they would be huge, certain get you thinking about photography and not so much snap shooting, but think about the DR range of that type image,  didnt Sony have something like that,where as the camera took about 10 shot a once in one image, it was some sort of noise reduction,thats another story.