[Guillermo Silberstein]

nice! i like the nesting version. thanks.

also, would be faster to change the settings of the sequence to reflect that of the QT i recieve (h264/PCM audio) and do the time code effect and export faster.
that way FCP will only have to encode the AAC audio and not the H264. only add TC. (unless the TC effect is a cpu hog)

i tried once but the quality was too grany and crappy.