James at 2011-04-05 13:23:21:
Are you using central character for Ferris or for Cameron?
Ferris is the protagonist for all the reasons mentioned plus the Antagonist of the film is Ed Rooney, who directly opposes Ferris.
There's a secondary Antagonist -- Ferris's sister, who also opposes Ferris.
I think it's pretty clear that Ferris is the protagonist.
Cameron changes. He's the heart of the story. In stories when the protagonist doesn't change the protagonist is often the catalyst for change. Which Ferris clearly is. Without Ferris, Cameron would still be in bed moping to this very day.
Without Cameron the movie has no heart. Without Ferris there is no movie.
Also -- Ferris is the catalyst for his sister's change. Not many people mention this. Her transformation, while on a smaller scale, is just as valid as Cameron's when talking about the transformational character arc of story.