[Tyler Smith] "I still need to transcode my footage in redrushes"
Pretend REDRUSHES does not exist. Because it does not exist. It is no longer supported by RED.
The only tool you can use to generate the files you want are"
REDCINE X
REDCINE X PRO
Determine the aspect ratio you shot.
Render to an editing file fomat.
Let's say you shot 2:35 then you can render out the custom file size as a QT movie or you could render to fit width at 1920x1080 and you would have black bars at the top and bottom of your footage.
Forgive me, but can you get a bit more detailed with your questions, it seems you have a lack of post knowledge.
David
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The shortest answer is doing.
Lord Herbert
http://vimeo.com/battistella