It seems that the “easiest” way to import is via iMovie. I know…. I have the HFS200 and finally gave up on a direct import into FCE4. Importing into iMovie (Which Canon recommends when you call for support)is direct and easy. Just set on HD, full rez. This is my first import with this camera so I have to assume the process would be refined as I go. It’s very easy to scroll through the clips and mark rejects. You can also right click and “reveal in finder” and command del any clips you want to send to the trash right away. when you’re done, you can send the rejects to the trash, open up the finder and drag and drop the .mov files to FC. I then name the clips, set rough in and out markers then settle down to some real editing. Pretty straight forward really.