Sequence settings for Sony HandyCam video
I'm working with video shot on a Sony Handycam HDR-CX550. I had no problem importing it into iMovie and then to FCP, however I can't figure out what sequence settings I should use. It appears to be 16x9, but shows up as 4x3 in my FCP bin. Also, the sequence settings I've tried all require rendering every time I make an edit, which obviously becomes a huge pain.
Thanks in advance for any suggestions.
Mac Pro