Just wanted to share a little bit of success...
I am in a small post facility right now that has been working on a full R3D feature. They shot the entire feature as R3D, and edited on FCP. Lists are exported to SCRATCH.
SCRATCH conforms the lists pretty flawlessly to the original R3D files. That's cool. But the really cool part...
SCRATCH artist goes through and starts color grading the feature. As recuts come in, a timeline can be reconformed to R3D and all colors will follow with the new reconform. If a shot that has a color correction on it is split into two pieces with a cutaway in the middle, The two new pieces will both retain color settings. If a shot is trimmed in or out, color is added to the new material.
It is a smooth and seamless process... and everybody is really happy.
This is how the R3D process should work, and this is a small, boutique setting. Not a huge facility. FCP, SCRATCH, ProTools and RED ONE. These people are finishing their own 4K feature for distribution in their own facility.
LA, CA, USA