ProRes 422. Use Compressor for this, or MPEG STREAMCLIP. ProRes HQ is overkill...it's meant for shooting formats that are 10-bit to begin with. H.264 is 8-bit, so save space and use ProRes 422. There will be ZERO quality difference for you anyway between them, so use the one that takes up less space.
And yes, you MUST convert to ProRes 422 before editing. H.264 in FCP is a pathway to disaster.
Hi Shane Ross,
Thanks for your help. So, I already synced all of my interviews in FCP 7 (using pluraleyes) before I changed the video to ProRess 422. Can I just go into FCP (in the same project) and compress the video footage, import the new video files and throw it into the timeline? Or will this cause issues? I tried this as a test and it seems to be okay but I just want to check that there aren't any issues that I am not considering.
Also, when I do compress, it seems to take forever (sometimes two hours). Is there any way to make this move along faster?
Thanks so much!