For now, forget FCP. Download the AJA I/O Control Panel, and use the Input tab to select between component (so you see color) and composite. Use the same Beta VTR that you have for component, to feed the composite input – is it B+W (don’t use your VHS machine for now – use the Beta for these tests).
If it’s B+W, I would be surprised, but there is always the possibility that you have a problem with the I/O.
Of course, for everyones sanity, plug the composite video out of the Beta directly into your TV monitor, to make sure that your composite out of your Beta is putting out a color signal !!!
bob zelin