Currently Being ModeratedFeb 6, 2013 10:06 AM (in response to AppleConvert02)
Your files from the DV camera are "wrapped" into the ancient AVI "container" and iMovie merely re-wraps the DV Stream source into a .mov container. No loss in quality during this re-wrap.
Currently Being ModeratedFeb 7, 2013 7:04 AM (in response to QuickTimeKirk)
Thanks for your answers. They are all spot on and very helpful.