Don't get me wrong, I don't think it matters and most people won't be able to tell the difference. Content is king! However, on a budgeted professional shoot, I have only seen Reds or Alexas on raw or prores but I am sure there are the exceptions. As for reality TV, I've seen it all. A buddy of mine works on Daly show and is being shot on the 5d Mark III at H.264.