I downloaded the linked clip (1080p 23.98). I converted it with MPEG Streamclip to AIC 1080p, and dropped it in Final Cut Express in an AIC 1080 60i sequence. FCE played it just fine without any rendering. It just automatically doubled up every fourth frame, the same as when I converted the clip to 30p using MPEG Streamclip.
The quality of the AIC files I created are good (I converted the same clip to different resolutions and frame rates); they retained the quality well. The only issue was the converting and exporting from FCE seemed to affect the brightness and color a little bit (sometimes it was a bit darker, sometimes lighter).
It’s probably not an ideal solution for editing DSLR footage but I’d say it’s an adequate solution if it’s the best you can do – and it may be the solution I have to use if I get a camera.
20″ intel iMac, 2.66 GHz, 4GB ram
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