Wow, who would have thought this thread would have gotten so big?
So I told the director that he was editing natively the whole time (he’s fairly new to FCP and HDV and general codecs 101). Looks like we’re going to keep working in the format he’s been working in and anything that’s being sent to the FX house I’ll just export as a quicktime in 8bit (or maybe 10bit?) which we’ll then drop into the uprezzed sequence when we’re getting ready to deliver.
Again, the hardest part was explaining to the director that most of the work he hired me for was, well, already done.
Thanks to everyone for your help.