@Mark_the_Harp

I don't know why, but I am good on selecting things that last.
Like Delphi and Xara (now Xara X). Both have long long history.
Xara is especially interesting and unique. They also have some ranting vector pros.
But generally they are quite happy.
And developers (they changed three companies as I remember, no one seems to be able to affect them much) always keep their level.
I can open Pentium based Thinkpad note that I keep for very good keyboard, draw some things and open them in latest Xara X.
Same for Delphi. Many new components are usable in versions 12 years back :-)

"FCPX don´t convert your files into ProRes for realtime editing. It´s only a rewrapping."

I don't think "only a rewrapping" would make the file size go from 24mb to 140mb/s. Open the files from the "high quality" folder. Open it in QuickTime, check the inspector window. From what I see, all high quality media is converted to ProRes 422 on my computer.

"But anyway who wants to work witch avchd in post, if you want to grade or even composite?"

Agreed. They market that it "supports h264." In reality, It looks like to them it means:
- It imports and converts h264 to ProRes 442 at 6x the storage size to play it real time on the timeline. Remember, that's not just the media you want to process or final with on your timeline, but all the media in the project from start to end of each file.
- On a laptop, it's more like ProRes Proxy real time only for real time playback, at 720, adding another 1x storage size too. That requires two rendered files: One at ProRes 442 and one at ProRes proxy 720. So you will need about 8x the storage of your original GH2 original file sizes to edit your current GH2 footage on your laptop. So 125 GB of production footage (4x 32GB SDHC cards) = about 1 TB of storage for editing? If you are editing footage on a hour long project at 10:1 production shooting ratio that would be how big?

It's not good or bad. It just is. Plan storage needs accordingly. If that works for you, celebrate!

Sure. That's the copy of your original media. But look at what is in your Transcoded Media folders just below that "Original Media" folder?

If I import avchd files and have optimal media and proxy media unchecked, then no others files than the rewrapped avchd files are in the event folder.

I´ve imported files from a 5D no rewrap, no optimal media, no proxy, just a alias to original folder.

Red Giant’s industry leading set of color correction and grading tools, such as Magic Bullet, are well known for ease of use, powerful performance, extreme flexibility, and simple design. And they are perfectly suited for the current and next generation of Final Cut Pro users.

In terms of development, you’ll be seeing Magic Bullet products available on Final Cut Pro X very soon. In fact, with the SDK in hand, we’ve already begun the engineering effort for what will be free Final Cut Pro X updates for current users.

From http://www.redgiantsoftware.com/blog/2011/06/24/final-cut-pro-x-and-red-giant/

As I told, SDK is already available for major plugins manufacturers.
And first thing that they'll do is to close some FCP X holes sooner than Apple.

another funny video:)

>No way. Goodbye Final Cut, hello Premiere

And a lot of studios are saying the same thing due to lack of support for EDL (which frankly makes it unusable in a film environment), OMF (ditto) and even their own server software so that many ppl can work on a central repository of footage. Though most studios will probably take up Avid again, Avid could really do very well out of this and get back the market it used to have in the studios. Plus no RED support, after all this time still no RED support, it's quite surreal. Apple are interested in consumers these days, not so much content creators. Why should they be too, they contribute such a tiny fraction to their revenue these days.

Look at what they did to Shake, forcing the VFX studios that rely on it to pay large sums for the source code so that they could maintain it themselves. They've also screwed Logic Audio thru neglect. The message is pretty clear, Apple are not interested in the pro market anymore. They only put FCP out there anyway because they couldn't find anyone to buy it off them when they bought it originally as a 'defensive' move (and they did try to sell it on). God knows what they though they were defending against though. The main guy behind FCP development is the guy behind the last releases of imovie, so taking that and their previous record with pro software they've built none of this should really be a surprise. FCP is just going to be imovie plus. Sure, a one guy operation or small studio may be happy with FCP and that seems to be Apples target market for FCPX, fair enough. If that is the case though, they do really need to sort out proper native AVCHD support.

Also if you have an Nvidia card you are really going to love the Mercury Engine in Premiere, though you may have to do this,
http://www.dvinfo.net/forum/adobe-creative-suite/477968-how-make-premiere-cs5-work-gtx-295-possibly-all-200-gpus.html I did this on CS5.5 with my GT430, works really well but I must get a better card or more cards, I do have 3 slots for SLI on this mobo and its frankly embarassing they're empty.

Why use ClipWrap? Why not FCPX's built-in transcoding feature? Background transcoding, right? Also Apple is claiming no gamma shifting.

But... there are many angry pros http://forums.macrumors.com/showthread.php?t=1178470

Yes I think this is a step toward the right direction. But I don't like the big words like... future of editing blah blah. Whatever. Just let it sort out. When they ship v2.0 next year, I will jump on the bandwagon. Then every little things will be covered by youtube tutorials :)

You can recreate the camera directory structure for GH1/GH2 clips using a program called multiAVCHD. It runs on Windows though, so you need some kind of virtualization or a spare PC. I did it for a few folders' worth of my footage (I just keep and rename the MTS files) before deciding there's no point in continuing with FCPX in its current version anyway (it's particularly buggy on my system, in addition to the common complaints).

Or add $100 more. Get CS 5.5 for student discount. That really adds values.

Also remember that second post of this topic is constantly updated.
I added links to many new tutorials videos and links to opinions.