OK, I finally got a chance to put this one to the test. Thanks to those of you who helped me in my other thread viewtopic.php?t=1878. I captured live from the HV20 into Adobe OnLocationon my m6300 laptop, generating 2 1-hour HDV/MPEG files on my eSATA external HDD. I imported these into a standard NTSC 4:3 timeline in PPro CS3, "Scale to Frame Size" off, didn't mess with Field Dominance. I did my pans & zooms, then exported as a DV-AVI. I imported that AVI into a new NTSC 4:3 project and all is well.
It's important to do your pans & zooms first and then export to AVI before adding any other effects, or the CPU really gets bogged down; the first time around I color-corrected the HDV footage first, rendered it, then tried to add the motion... forget about it! If you plan to do this, do the motion first, then reduce the data stream by exporting as AVI and color-correct it afterward.
It took almost 4 hours to render and export 1 hour of footage on my m6300 (see specs below) with both cores maxed at 100% the whole time... for 2 hours of concert footage with pan/zoom and color-correction I lost 16 hours of work-time while the computer chugged along. Do any of you guys with Quad-core rigs get much faster performance? I'm wondering if investing in a Quad-core desktop right now would be worth it for the increased speed and time saved?
BTW, the reason I didn't break it up into smaller segments first is that I still have to sync it up with 2 1-hour tapes of SD footage from my PD170 for multi-cam editing in PPro CS3. I figured it would be much easier to resize, color-correct, and synchronize 2 large clips rather than dozens of smaller ones...