Thank you kindly for that information! I agree, that is not well documented at all! After sitting there for a good 8 minutes with the relevant portions of the menu ghosted, I finally yanked the firewire out and suddenly they were available to be changed.
Just for anyone else who ever has this issue, I found the solution to my problem was two fold. I had the FCP settings correct (capture, device, capture preset, etc…) right, then I fixed the play back options on the camera, but then it still didn’t work! At my wits end, I threw away the FCP preferences and that did the trick.
Thanks for your help all!