Sure,
Since I hate dealing with decks, I’m going to explain how I would do it with footage already in Avid. But you can also capture at a low resolution and then re-capture at a higher one, but look up a tutorial for that I’m sure it exists online somewhere. Since I mostly deal with music videos, Canon SLR/XDCAM/P2 footage, here’s what i do (assuming full res files are in Avid already)
1. Organize and Bin HD footage accordingly
2. Locate Multi-cam footage and use “consolidate/transcode” function to transcode HD footage to compression ratio 28:1.
3. Take newly transcoded 28:1 footage and put in the bin you’re going to edit from.
4. Put original HD footage in separate bin, close bin (won’t come back into play until end)
5. Sync 28:1 multi-cam clips to your liking.
6. Edit
7. When you’re finished editing duplicate your sequence. right click on final sequence, hit “relink.” At the top choose the drive the mxf files are located on. Under “video parameters” at the bottom select “relink method: specific format.” Choose the ORIGINAL hi-res format that you captured the HD clips in. Avid should relink them just fine, and then you’re good to export full-res.