You can't edit 5DMKII files directly in FCP. I use MPEG Streamclip to convert to ProRes files first.
David, could you elaborate on this? Or, perhaps, point me to where you've elaborated elsewhere. Why did you choose ProRes as your intermediate format? Are there any particular parameters you set to optimize for editing? Where did you find ProRes as an option in MPEG Streamclip? I can't locate it as an exportable format.
I have had some success using MPEG Streamclip to convert 7D files to Motion JPEG AVIs for editing. I'm just trying to see if there's something even better out there.
I spend all day editing for a living, but don't ask me to explain codecs!!!
Seriously, I work in DV and DV only, so this was new to me, and I've only done it once. I did Pro Res because someone suggested it. I don't remember exactly how I set it, but here's a grab of where you can find that codec, after choosing to export Quicktime:
Interesting. Apparently, ProRes isn't an option in the Windows version. Thanks for the info.
In my research, some folks were suggesting Pinacle as an editor that will work with the 5D/7D files natively on the PC. But, I was already invested, in both money, learning curve, and existing projects, in Vegas, so I didn't investigate Pinacle. If you're starting from scratch in DSLR HD video on the PC, you might check that out before going the Neo Scene to Vegas/Premiere route...