Hi,
The workflow that Steve mentioned is causing a serious degradation in quality (worse than if I were to shoot in DV). I learned, from another post on CreativeCow, that FCP and COMPRESSOR has serious problems in downgrading from 1920×1080 to 720×480.
The steps I mentioned make a big difference in quality but takes so much of time.
Thanks,
–Bijoyini
http://www.oniricaproductions.com