Just out of curiosity…did you budget for lights? Are you shooting on a $100 tripod? Editing software is part of the equation. That, or if you’re going to end up downconverting to an HDV signal, you should have just bought a cheaper camera to free up money for a real editing solution.
We have a copy of FCE floating around in our office, and nobody uses it because the logging features are so deficient. It’s NOT a professional app, and we knew that…we got it for really simple one-off stuff for our non-tech people to use if they wanted to. Even they prefer to just use Final Cut Pro.
I don’t think your research necessarily led you in the right direction; I haven’t tried this myself, but I think you’d get better results by using the Calibrated Software codecs (which are cheap) to use XDCAM EX files in Final Cut Express. Maybe I’ll try that Monday 🙂
Cf