Hey guys, thanks for your input. I brought my flanders back in today to run some tests with the SMPTE enabled. I'm currently transferring yesterdays shoot of 800GB and burning yesterdays bluray dailies. Once I have these tasks complete I will try another test render and get back to you. I appreciate your help.
Just so you know the workflow I'm doing:
Backup Raw > RCX=bin,sync,transcode to 1080p 23.98 DnXHD 36 8 bit, Copy MXF files into the medafile folder, import ALE into MC5, Relink files, log, locators, bin, organize, dailies sequence.