Thanks for the responses guys. I have a few more questions regarding this issue. Tape has now been added to this project. So the specs are:
23.98 fps/ 640×480
29.97 fps/ 1280×1080
23.98fps / 960×720
59.94 fps /960×720
The majority of the footage was shot at 29.97 fps, 1280×1080. The finished film will be delivered for both DVD and web. The highest quality possible is important so I was going to continue with Shane’s original suggestion of converting all the 23.98 to 29.97 and working in a 1280×1080 timeline. Is this still recommended?
Also, regarding DVC Pro – I would prefer to work in Pro Res but the majority of the files are MXF. FCP 7 would only allow me to convert to DVC Pro (I believe it’s the only option), and when I tried a number of the MXF converters (to convert to Pro Res) they either didn’t work, or when they did and I tried to import the Pro Res, FCP 7 said it wasn’t a suggested file format.(strange) The producer does not want to spend the money on Calibrated or one of the other softwares so I figured I was left with DVC Pro. However if someone knows another solutions, I’d love to hear it.
Thanks so much for the help guys!!!