
No, I mean that the red channel in my RGB histogram is clipped. By clipped I mean that the color information spikes at the extreme right side of the histogram graph; the same thing you'd see if you blew your highlights.
It seems like my camera has a problem with oversaturating reds. I can take a photo of a cyclist wearing a red kit... all the colors will be resolved normally but the red channel will clip in the more harshly lit areas.
I know I can avoid clipping the red channel by reducing the flash output but I don't want to have to stack my photos just to protect the red channel.
Anyone else have oversaturated reds with their 7D? I don't think my T2i does it...

What picture style are you using? Neutral? I switched my picture style to Faithful, which doesn't apply any "in-camera" adjustments for color, contrast, etc. I believe neutral picture style does at some saturation (if my memory serves me right, I don't have my camera with me right now). I prefer to adjust all of my settings in post processing. It makes for more of a drab RAW image right out of the camera but gives you more control over the colors, contrast, sharpness, etc. Try it out and see what you think.