I imported the quicktime directly, but the timeline is red for me to render. However, it was playing back fine, so will be possible to edit it. So on paper after edit if I export to quicktime NTSC DV, there should be no quality loss.
I did some research on project data, and PPro can import Final Cut data, but can’t seem to have a user friendly export system built in.
It has EDL and OMF export, but I am completely unfamiliar on how to use those functions.