If you can wait until NAB next week, when the AE CS3 public preview will be launched, then you’ll find that Color Management in CS3 is much easier, streamlined and powerful. It may not be the kind of thing that looks spectacular in feature bullets, but I believe many people will find it’s one of the most amazing additions in this version.
In this case, you will be able to pick a REC709 working space (generic name I’m giving, I’m not sure if I’m allowed to name specifics) and CS3 will most likely assign automatically a REC709 input profile for your footage (if it doesn’t, you’ll be able to do that yourself). You will also be able to simulate how it would look on an HDTV monitor. How cool is that?
FWIW, most gamma/luminance shifts when going from AE to FCP are not related to subtle RGB>YUV space conversion issues, but rather to a the idiosyncratic way FCP has for handing gamma in RGB files. If you’re rendering from AE for FCP, you may find that a gamma correction of 0.824 will compensate for the gamma increase FCP will apply to the clip (credit to Chris Meyer for the actual gamma correction number).
Adolfo Rozenfeld
Buenos Aires – Argentina
ar(AT)adolforozenfeld.com