Hey guys, thanks for all your help thus far.
I do have my FCP set to “All Frames”. Here are the rest of my settings:
Timeline Settings –
Frame Size: 960×720 (HD(960×720)(16:9))
Pixel Aspect Ratio: HD (960×720)
Editing Timebase 23.98 (this is ghosted, cannot change)
Compressor: DVCPRO HD 720p60
Video Playback Settings –
AJA IoHD 720p60 ProRes 422 (1280×720)
I tried tweaking other settings like Safe/Unlimited RT and Playback Quality, but to no avail. I’m still getting still frames, which only update as I scrub through the project. Again, thanks for all your help so far.