Does the MON OUT output have the same image quality as REC OUT?
Yes, the MON OUT output has the same image quality as the two REC OUT outputs. However, there are a couple of differences and extra options that you should be aware of: First, MON OUT does not have all the signal formatting options that REC OUT has; MON OUT runs only at 4:2:2 (single link 1.5G) @ 23.976, 24, 25, 29.97 and 30 fps. Second, on MON OUT you can superimpose frame lines and camera information, and shrink the image slightly (surround view) to see more than what will be recorded. These are all features that are useful for monitoring the image, but that you most likely will not want on a master tape. Thus they are only available in the viewfinder and on the MON OUT output, but not on the REC OUT output. If all you want is 4:2:2 and you turn frame lines, camera info and surround view off, the signal from MON OUT has the same quality as a 4:2:2 signal from REC OUT.