Just loaded up the RED QT codec, REDAlert and REDCine on a new Mac Pro 3.2 with the Nvidia 8800 card... R3D files come up fine in REDCine, but in the QT proxies and REDAlert the bottom half of the frame is a bright green/pink wavelet mess. It reminds me of a wavelet-version of DV tape dropouts...
The clips look fine in REDCine.
Any thoughts? The latest of everything software wise... tried reboots, reinstalls, etc.