Sorry Chris, I’m very new to this. Basically you’re telling me that within my project panel I should drag each of my original MOV files into the “New Item” icon. I would then be creating “new sequences” referencing the original clips. Then I would drop these “new sequences” into my timeline and edit these instead of the actual MOV files.
I guess I don’t get it? There is no transcoding happening here. My main sequence is using the HD-DSLR preset chosen at the being of the project creation. I’m not following you, I don’t understand the benefit.