5S Slo Mo video imported into FCX and keep slow motion

So I just got the new 5S and was mainly excited about the slo-mo effect. I have found that because it shoots it as 720p 120fps, it is going to keep those settings imported into final cut. As you add it into your project and want to keep it as clean as the original, it will have to be 1280x720 for frame size and choose 30fps. Then select the clip in your time line, and go to the retiming menu off to the right side and choose conform speed. It will retime it to 25% but understand its frames and keep the original quality. As it seems anyway. Any other better suggestions or settings would be greatly appreciated.

The Laschman