Peter: VERY Interesting, and many thanks for the reply!!!! That actually fixed the problem and I can now hear the audio while in log and capture in FCP (as well as see the video in the monitor). You are a genius!! I would have never ever ever ever found that!
I also learned another trick (sort of). If I want to hear audio from the deck as well as see video on the monitor while NOT in FCP log & capture, I have to open the SOUND panel in SYSTEM SETTINGS and leave it open (minimized down into the application dock). The minute I quit system settings, it all goes away.
So at least I now have a workable system, and again, my thanks to you.
I still need to find a solution to the output. Seems my only two output choices is SD 16:9 letterbox and 16:9 anamorphic. Sure wish there was a 3rd choice for 4:3.
Patrick McLoad
Houston
I hope the BMD folks take note of this fix!