Shane ,
i also have Final cut 6 installed in another Mac , and i configure the presets that brings the final cut , for i can capture with Sorenson video 3 or h264 in real time . But when i conigure the preset in final cut 7 like i had in final cut 6 , i don´t have the same result . here is an image of the configure i did . tell me what you think

Alejandro Héctor Andresson
POL-KA produccion
International Area
Argentina