it records exactly what you see on the tv, basically. So mine records in 1920x1080p and I export it as 720p footage to reduce the file size since nothing larger is required for youtube. When quicktime opens up with the exported file it isn’t letterboxed and when I import it into the final cut editor it isn’t letterboxed then either.
The only time that it actually messes up is when I put it into the timeline. I’ve checked every setting I can think of in every step of the process and still nothing reflects anything that would letterbox the video. I even found an option that let me convert the file to anamorphic but that just cut off more of the video.
Thanks for the continued help