..."Crop a FF-frame" to weed-out the offending corners (which you
ABSOLUTELY WILL get, right from the 1Ds and on), just to get... what you will essentially capture, in resolution and size, with a 1.3x sensor?
Does not sound intelligent or efficient at all, to me.
At this point, the only way for Canon to actually "merge" the FF/1.3x classes seems to simply produce a 1.3x "croppable" 16Mpx sensor, which will yield in low-speed FF and high-speed 8.2Mp or more, while still utilizing existing developments (keeping cost low), and divesting production of current 1.3x sensors.
The problem is that, in order for such proposition to work, the price of the camera should stay around the $4K mark, which means a $3k departure from the current $7K price for the 16Mp camera. This, in turns, suggests that the 1.3x sensor may not necessarily be discarded, yet, as its disposal may create a large hole in Canon's current portfolio.
We will soon see how Canon will embrace this issue. As long as they do not cripple the on-board .JPG "engine", it will not matter to me if a larger 1.3x sensor or a croppable FF Sensor finds its way into the new 1D/2D MarkII/MarkIII or whatever it is called. I will be jumping into it, no matter what!

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Happy shooting!