Thanks Russ for the suggestions and the recommendation for FCS Remover. I will certainly take that approach.
I can't see any reason I would go back to FCP7 since all my cameras are AVCHD and it just didn't work for me in FCP7. Most of my videos are longer than 5 mins and/or are multicam where FCP7 was always getting the video and audio out of sync when the multicam was about 12 mins or longer and when the single clips were over 15 mins. I tried converting the clips before hand, stream clip, transcoding in fcp7, etc and nothing worked. That's how the "rough road" began to Premiere Pro then finally to FCPX.
Also, Compressor was never a real friendly app in my opinion, i never once used motion, and other than DVD Studio Pro which I really really liked, I have no reason for the product. A few DV/HDV projects that I have possible, I'll just recapture via FCPX or have a friend capture in fcp7 and shoot me the HDD.
And for DVD studio pro (now end of life) I can just use Toast Titanium 12 that is finally pretty easy to menu and set up. I would still like to see a NEWER more friendly DVD Studio Pro and if I could get it stand alone or something close to it then for sure FCS2 and FCS3 upgrade (full set) would be "outta there" :-)