This could be the most important email for a lot of you struggling with POST.
We have just finished months of major testing towards grading of RED footage, editing of RED footage and finished POST & Mastering to SRHD.
Over the last 8 months of shooting many big budget RED jobs and posting many different ways we have come to a point that for TV AD LAND we have been wasting lots of time and money in POST rendering files that quite honestly don't need to be rendered.
Having to RENDER everything out to TAPE or to a readable format for the AVID guys was becoming to much of a chore. Rendering all the files out to either DPX , tiff or even PRO RES was taking for ever as well. Especially if you've shot about 6 hours of footage.
We have tested and tested and re-tested to find the quickest way to edit, online, grade and to master RED out to HD / 2k / sd etc.
In short it goes like this.
Set REC709 in your RED CAMERA Quick time proxy settings.
Once shot place your 1k or 2k REC709 Proxy Quicktimes directly into the FCP time line. FCP should auto set the sequence time line to PRO RES 10bit (hq) at what ever file dimension (2k 0r 1k) you throw into it. Simple.
Set time line to unlimited RT and set your playback to LOW.
Now edit and grade away happily in FCP. No rendering needed at this stage.
For example I have just dropped 4hours 22mins of RED 2k proxie quicktimes into my Final cut time line, It took less than 5 seconds to load it all in and play and edit.
I usually do this on set in my laptop for the clients.
Now If you have incorrectly exposed your shot on the day, Just go back to RED ALERT adjust your brightness, exposure or contrast of that shot to give your self more information. Then Generate new quicktime proxies via RED ALERT. (this will take less than 2 seconds to do).These will replace themselves automatically in your FCP time line.
Ok your edit is done, your client loves it. You now set your RT to safe and your playback to HIGH. You will see a RED RENDER line appear above your edit. You press RENDER. (It will RENDER the time line in PRO RES (HQ) 30sec at 2k is around 1 minute to RENDER out using a standard 8 core MAC.
Your TV AD, music Video etc etc is Done finished in HD or HD and ready to go to tape, TV Stations, DVD...etc.
We do this daily without a single hiccup on very large projects.
see link: http://www.zoomfilmtv.com.au/ftp/Rec709_vs_PDlog/
As you can see with this grade test using just the QT proxies up against the RENDER intensive DPX method. The difference between the DPX process and the QT proxie use is not going to give you hardly anymore to play with.
I recommend using either the DPX or direct R3d grading if you have completely stuffed up exposure on the day of shooting it.