Apologies to Patrick Henry. One of the rumors floating around concerning Final Cut Pro 7 (and QuickTime in Snow Leopard) is that it will support native h.264 editing (via Philip Bloom). Depending on your point of view you may have read that and thought “F-ing awesome! About time!” …
According to ProVideo Coalition, a recent update to Final Cut Studio now supports R3D files. At least, the same way it handles P2: re-wrapped as QT files. We could always transcode to ProRes or work with proxies, but this now gives us the ability to work with the …