There was resistance to colour film by cinematographers because they couldn't "think" in colour. We all know video dynamic range is inferior to film, it just requires different thinking to get a good result. Also from a very young age we are conditioned to the "film look" - however I think it's entirely possible for video to be cinematic (mood wise) even if it's technically inferior to film.
Film won't die for a while yet. There are thousands of cinemas in the US alone, and they all cater to projecting film. If/when cinemas go digital, then 35mm lovers will slowly join the Super8 brigade as major studios realise the benefits of an all-digital workflow. No doubt pioneering advances will be made with digital so that when that format is 180 years old, it will be superior to the 180 year old film technology of today.
http://www.hrc.utexas.edu/exhibition.../images/1b.jpg
http://www.hrc.utexas.edu/exhibitions/permanent/wfp/
<font size="2" face="Verdana, Helvetica, sans-serif">Quote:
The First Photograph, housed in its original presentational frame and sealed within an atmosphere of inert gas in an airtight steel and plexiglas storage frame, must be viewed under controlled lighting in order for its image to be visible. In general, this procedure also requires viewing within a darkened environment free of other incidental light sources.