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Tell me if this is a bad idea
I recently completed a 5 day 4 camera shoot and now have 1.5 TB (88 hours) of H.264 footage I need to edit. I was initially planning on using FCP 7 and multi cam to get the job done but since I can’t work with H.264 in FCP7 I will have to convert everything to ProRes. Now if I do that I will have to buy probably 5TB more of storage just for my ProRes files. Or I could convert to ProRes Proxy and everything will only be about 1.3TB and then I can use multi clip and edit the Proxy files and then reconnect them to the H.264 files when I am done.
OR
I can use FCP X and edit the H.264 files right in there. True I won’t have multi clip but there are some workarounds I can use. They won’t be as efficient as multi clip but the will work. Also I like the color correction tools in FCP X and the Keyword categorizing features but I don’t have some of the Plugins I have for FCP7 mainly, Magic Bullet Denoiser.
So. Would it be stupid to use FCP X. Should I just convert, suck up the extra storage and money. Or should I just use FCP X?