If you want the actual output file to be 2.35/1, then you’d need to make a custom sequence setting.
You should start with the DVCProHD setting, as the non-square pixel framesize is 960×720. Then make a custom sequence and unlock the aspect ration and I’d change the frame height to 544 (the number crowds 545, but 544 is divisible by 8, which is a good practice for distribution codecs to handle properly).
Then, when you put your clips on the timeline, you should be cutting off the top and bottom…though you may get a red line as the footage isn’t actually “native” any more…
TimK,
Director, Consultant
Kolb Productions,