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So - we put this one in and I intentionally hooked one of the outputs to a ForA multi-tile display which has an alarm when one of the inputs drops. In a week I didn't hear the ForA complain once but we'll have to see if the reliability really is there.
The software has improved much since I last put one in - you control the matrix over a USB connection, but the controlling PC/Mac can re-share over TCP/IP and you can use the client software on many machines. In effect you can have a matrix control panel on every Avid or FCP - even at home over the web (if you open a hole in the firewall).
I think the only critique is the old TX/RX cross-over in the RS422 path. Proper matrices (Probel, Quartz etc) know when a device is a controller (typ. an Avid) and when something is controlled (typ. a VTR). The BlackMagic refers to these as 'workstation' and 'deck' respectively but this is silly if you're using a two-VTR edit pair (the recorder is now a 'workstation'!) or using an Avid in VTR-emulate mode (so the Avid is a 'deck'). This is one area where the VideoHub looses out to a matrix in that is doesn't have that proper control system. However - at a quarter of the cost of a comparable 'proper' setup it's a small moan.
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So, it's not all bad news from BlackMagic (but the UltraScope is still pretty useless!)
Stop Press! I've just discovered that the Broadcast Converters don't pass the vertical interval! So - no VITC, caption data, widescreen switching etc etc - just the kid of things a Broadcaster would need! So - not the perfect solution I hoped for.