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MC plays back Symphony color corrections, AFAIK. You just can’t alter things like secondary CC. Source-based CC however does travel across when the sequence is opened in MC, even though MC lacks that feature.

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Studio and Media Composer are nowhere near compatible. One used to be a Pinnacle product, the other is Avids core editing software. So depending on where your projects come from, you would need one or the other or both.

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You probably had it installed, then upgraded your OS to Lion. Again, none of that is supported. May work, may not. Likely not.

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Agreed!

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Nice one. However, have you checked out the Extend button/key? Instantly trims any nearest cut to your Mark In or Mark Out.

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Win 7 32-bit was never qualified for use with MC5. See the Avid Version Matrix. https://avid.custkb.com/avid/app/selfservice/search.jsp?DocId=267087

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MC5 is not supported on Lion. MC 5.5.3.1 was the first version to run on 10.7.1, and MC6 now seems to run on 10.7.2.

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Pardon my ignorance, but what would that button do exactly?

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The only caveat would be AMA-linked clips. You won’t even need to relink or AAF when moving between Mac and PC, I do it all the time, with entire projects.

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It was never in that first list, though. Maybe you were confused with another app.