While the Atomos Shogun has been getting steady firmware updates, the new AtomOS 6.4 release has added a ton of great features.
We still can’t record straight to a RAW CinemaDNG format yet, but the Sony FS700 and FS7 can now go from the RAW 4K signal to a 4K ProRes or DNxHR format up to 30fps with the Shogun (you’ll still need the XDCA-FS7 module to output RAW). Though this isn’t quite as powerful as RAW, it’s still a huge step up from recording internally, and you get a file that can be played and edited on many systems immediately. There are two options for recording the RAW signal, allowing you to get either a log file or a Rec709 file, depending on your needs in post.