80% of my work is grading and onlining HDV docos, going out to HDCam and digi beta. Most projects are ingested, edited and handed to me as HDV.
I always set the render to ProRes and playout to tape (using a Decklink in my case). Calling an HDV workflow ‘satans codec’ is an inaccurate bias and reminds me of the cries of horror when DV codec and firewire capture first appeared. We all got over it so lets do the same with HDV and recognise that it has meant lower budget projects have been able to make the jump to HD with some great results.
Last year, two of the four nominees for best cinematography in the AFI awards (Australia)were shot and post produced in HDV on FCP systems. The winner was the one I graded and I can tell you that with pre production planning and a positive attitude, great results can be had with this codec and workflow.