Currently Being ModeratedAug 3, 2012 5:56 PM (in response to StudioNewbieinPA)
Color doesn't work with MPEG-2 video. It works with FCP codecs... ProRes, DVCPRO HD, HDV, XDCAM. And only renders out as ProRes or Uncompressed. I've done over 100 onlines using Color, and every one of them kept the transitions intact. Every one. The fact that it isn't for you, means you are doing something wrong...and your codec is the obvious culprit.