You don’t end up with just an H264 surely?
An uncompressed master or DPX? DCP or JPEG2K?
Whats the point in so much effort for an H264?
Access to the RAW is useful if you need to access content lost in the debayer process.
As said for features its Avid offlne then grading and direct out. No round trip.
For broadcast a lot just grade in Avid but some round trip. The real laugh is I’ve never had an issue matching a late shot replacement using an Avid to grade to match the Resolve grade.
Pat Horridge
Broadcast & Post Consultant, Trainer, Avid Certified Instructor
Free online Tutorials at VET digital media academy online https://vimeo.com/channels/752951
pat@vet.co.uk