Covert to PR422 or re-render on timeline
I have a project with lot of mixed format footage that I want to edit in FCP7.
Now on a smaller project the conventional wisdom is to use compressor to convert everything and then bring it into FCP and put on 422 timeline/sequence.
However, time and storage space is an issue for this project. So, do I have to use compressor for hours to change it all to Pro Res 422 or could I just drag the original clips (xdcam / H264 etc) from the browser to a 422 timeline in FCP and render them? Would this now now be a 422 quality sequence?
I can imagine that would be a bit of re-rendering if I started overlaying clips, color tweaking etc but if the settings of the sequence are saying ProRes422 and the clips are happily rendered and playing on that timeline.... are they still not PR422?
What are the implications?
I'm guessing that because Compressor is un-compressing H264/xdcam footage it is increasing the quality of the image, whereas simply re-rendering it on a 422 timeline and creating a playable but basically still 'compressed' version of the footage. ?
However, is there not times when a project might not need the higher quality (the original footage looks fab and it's only gonna be delivered online), but it's handy and problem-free to edit in PR422 ?
Hope you can give me some guidance.
Thanks