lol, thats right... it will cure your arspirations, that is only the beginning... you then have to buy some cinema optics to get the DOF and angle they advertize... (which is something really expensive and wont get you instantly cinema feel...)
The xl1 had an impressive array of optics to buy (in fact all the ultrasonic canons...) i guess (whithout having truly made a price/performance) that there will be something for ya at a significantly lower price...

I guess that the best path for producing on a budget would be renting some real piece of machinery (like the sony of tha phantom menace) with a whole array of optics and a pro operator... whith the money youll sepnd on a xl1+optics you can get them to work for ya (24/7) for a week or two... and the last day of hiring spending it capturing all the footage to your pc