Well AMA managing lots of footage will slow down. Add to that the R3D format for debayering overhead, and whatever the connection to the drive (and if daisy-chained) all impact the overall performance expectation for the editor.
My cutoff for AMA for codec types is around 6 hours. Anything more, I will transcode up front. Some codecs that are native to the Avid codec library (formats you can transcode to in addition to DNxHD) will have a better time via AMA since the decode is not being done by QuickTime, etc.
I suspect you are set to green/yellow which affects the debayer extraction you are using. You need a chart to keep track of what MC is doing when it comes to debayering R3D. For example, if you shoot 4K, the green/green mode is only 1/2 debayer since the 1920×1080 project type does that on the fly for you as 1920×1080 is near 2K, and thus 1/2 of 4K. So green/yellow is 1/4 and yellow/yellow is 1/8th. But if you were to open that in a 720p project, then you would be starting at the next level down (1K) where green/green is 1/4, green/yellow is now 1/8th, etc. but may get you more performance due to removing some of the debayer overhead.
Michael
Michael Phillips