I white balanced and black levelled both just before shooting each clip but it does look different. I'm going to do a few more tests to see how the WB is affected.
I've now had a chance to carry out some correction to both clips and once I correct WB and bring the level up on the 0.3.0 clip, they look pretty similar.
The lighting and lens settings were the same for both clips BTW.
A bit later I'll post the videos.
I'd be interested to know why there seems to be a pink cast in the raw image even though I set WB.
From the above, it's obvious that raw is still the way to go if you want the best possible results, but I suppose that will always be the case.
It would be good if the H.264 image could be a bit brighter and sharper. I find that more of an issue than colours being a bit off.
Anyway, here's the video straight out of the camera using the 0.3.0 firmware and saving in H.264:
https://youtu.be/eBRqvvl5TdMand here's the version put together from the RAW frames with a bit of tweaking to show the ultimate quality:
https://youtu.be/IQM21j73wO4