This is pretty cool to see...
http://revision3.com/rev3gazette/studioop
I have to take issue with what the guy was saying at the end about the uniqueness and the challenge of the studio they built. Even without the software and quality/price ratios available today, people were building government, school and public access facilities on the cheap for at least 25 years. I should know, I did just that.
A half-million dollars would have been a dream come true for me when I built one for a local municipality. I had to do it on about $100k up front, with another ~$20k budgeted the second two years. We even had digital SD tape machines and a Media100 (Avid competitor).
Still, it's kind of neat to see what they're doing. The engineer also mentions crew size as being a challenge. When we did city council meetings, we did so with two or three people. My city now does it with one. A suitcase sized box has monitors and computer-based recording and CG, and the cameras are little robotic things on tripods (four of them). It can be done.
Pretty cool... and Sarah Lane is back with the gang as well.