What’s your camera’s recording format?DV Rack (or Adobe OnLocation as it’s now called) needs a DV/HDV stream (via Firewire). I think newer versions might support more formats, but if you’re buying ‘DV Rack’ it means that the software is going to be a few years old.
Another thing to think about… Do you know for a fact that it’ll run on your current OS? I have a copy of Ultra 2 (also from Serious Magic, before Adobe bought them) that won’t activate/run on Vista – Adobe developed a fix but only made it available in Ultra CS3. I’ve also heard things about the activation servers for older Serious Magic software being shut down… So it might be worth looking at just getting OnLocation CS4 instead… It’ll no doubt cost more though.
Hope that answers your question. I’ve used OnLocation CS3 for monitoring while shooting with an HV30 in the past, but have’t had much recent experience. It’s a neat peice of software though.
Gord