Good news. Firmware version 3.0 has just been released for the PXW-FS7. This is a major update for the FS7 and adds some important new features such as a 2K center scan mode that can be used to allow you to use super16 lenses or more importantly eliminate aliasing and moire when shooting above 60fps.
For users of the Cine-EI mode there are major improvements to the usability of the waveform display as this now works with most LUT combinations (but not in S&Q or when outputting 4K). In addition you can now enable noise reduction in Cine EI, although be aware that this may introduce banding artefacts in some situations.
Zebras now go all the way down to 0% so if you want you can use zebras to measure white or grey cards when shooting log or to measure the recommended skin tone levels for S-log (40-55%) and hypergamma (55-60%) recordings.
Also there is a proper time-lapse mode and some improvements to the quality of the raw recordings when using an external recorder raw such as the 7Q.