Thanks for the reply Jeremy. Assuming I can find a safe method to transfer my data from the sparse bundle to the FCPX folders on my RAID, I’ll give that a try and see what impact that has. My CPU usage seems to briefly peg one core near 100%, but most of the time FCPX is unresponsive, there appears to be little CPU activity. Unfortunately, the only other hardware I have is an old G5 so I can’t test this on another system.
MacPro 8 core 2.8 gHz, 16GB RAM, Assorted Firewire Hard Drives, Final Cut Studio 3, Final Cut X, Adobe Production Premium CS6, Logic 8