Hi,
You can Media Manage the sequence with handles and see what size it is to send to them on a drive.
1 Hr Prores HQ HD video is 224 GB so with say 4 sec handles it maybe 100 GB or so more.
I would try and keep in the same size and codec as you plan to deliver – ie Prores HQ etc.
The reason I wouldn’t try is that when you media manage with handles FCP7 has a problem relinking to the original source footage. (The dreaded ‘Sequence/Clip Media Start – End changed’)
Compressing to another codec may compound this issue.
(I haven’t tried – but I assume you would first MM to your original codec with handles…then media manage that to Prores LT without handles)
If I was going to recompress to another codec I’d choose Prores LT then you wouldn’t get field order issues or different frames sizes which is a pain to change with zooms etc. It took me 4 days changing a 52 min doc which was edited in the wrong frame size with the wrong field order!
When you MM, manage it to another drive (and check everything is there by unmounting your original drive) – then always work off that drive – so FCP doesn’t get confused (or you when relinking) between the original clip and the MM clip. Duplicate that media onto another drive and send it to him. Then you can send each other project files with updates of your cuts.
If you need to send the whole project, I’d just MM (copy) the project to another drive (just in case there are stray files) after cutting out reels/shots you don’t need.
Hard Drives are cheap 2 x 2 TB drives will only cost you 200 bucks or so. It will save a lot of headaches in the long run.
Jon.