OK, I tested it. After making two slow motion versions of the same clip I was completely blown away and bought the license.
Here are some things I noticed with my sample clip which was shot at 30 FPS from a GoPro Hero2:
Clip 1, slowed down 5 times. Absolutely flawless. The clip is of my dog riding in my truck, head out the window. The wind is blowing her hair and ears. Lots of fluid motion. At 5 times, the slow motion is uncanny. There seems like zero loss of the fine quality of her hair being rustled by the wind. Her ears being blown up and down seem completely fluid.
Now I am sure a pro would look at the clip and find some artifacts, etc but for my purposes, flawless.
Clip 2, same sample but slowed 10 times. This is the equivalent of filming at 300 FPS in HD. In this version there is a noticeable artifact. It happens when the vehicle and hence the subject, my dog, travels through the shadows of some trees. At 10x, this causes the software some unhappiness, and you can see some movement around of the shadowed area. However at 5x this did not happen. Otherwise it still has the same awesome hair and ear movement quality as the 5x did.
Now to add to this even more, I imported the 10x clip into PD12, and using Power Tools slowed it 50%. This became the equivalent of shooting 600 FPS in HD! PD's Power Tool slow mo did not seem to degrade anything, and the slow motion is staggering.
This is just the kind of thing I have been hoping for. Big thanks to The Crab for bringing it to our attention.
~Tom~