If the primary purpose of this camera is to take videos, why would someone using it want RAW? Good to have but not absolutely necessary is the way I see it... anyway hte buffer required for RAW would be have to be much much larger and that would add to the cost and complexity of the already complicated electronic wizardry in this camera would be my uneducated guess... on the other hand, Sony often thinks it knows what's best for each segment of consumers it defines for itself... so that might be all there is to it... expect a more advanced model to follow up in 6-12 months time though... there's money to be made at this level...