If you haven’t tried the free trial of FCPX, I wholeheartedly suggest you do it. We shoot with the FS700 all the time and that media comes over ridiculously fast via SD card. The CF should be almost as fast. If you select the ‘optimize’ option in the import dialogue, FCPX will create the optimized prores 422 media automatically.
From there, you can copy the optimized AND original media from the event folder that FCPX creates to whatever folder or NLE you want to work in. Copy it out, don’t reference it. Other programs do things to media that FCPX doesn’t like.
Not saying you have to cut it in FCPX, but it’s hands down the best and easiest way we’ve found to import and convert to Prores from a FS700.
Good luck!
John Davidson | President / Creative Director | Magic Feather Inc.