Thanks, Bob. Everything works fine when run through the IO Control Panel. I believe I have version 1.1.
And this is becoming more of an FCP issue, so I may need to move my post, but…
I have noticed that my Pro IO easy setups are labeled wrong in FCP. For example, if I choose the 8-bit S-Video US 48k setting in my FCP A/V settings, it says that it is for uncompressed 10-bit US capture. If I choose the 10-bit S-Video US, it says that it is for uncompressed 10-bit Japan capture.
I have uninstalled/deleted my easy setups and reinstalled as well as trashed FCP preferences.