You want to “Log & Capture”, yeah, FCP will do it. Not something I do a lot of, as with documentary work, you want to capture inch of footage you got. But FCP will do that. Depending on your deck/camera, it’s usually a very reliable system. Always make sure you have at least 10-15 seconds of blank recorded (with TC) space at the begining of the tape, your deck can handle the FW control, etc. But, no system is 100% bullet proof. When I L&C I don’t have problems, but again, not a method I use very often.
So, you Log you In/Out points, tell FCP to Batch Capture, and it doesn’t track your tape properly. Hmmm….