Applying SmoothCam filter to edited clip

I'm in the process of finishing up the final cut of a music video I directed. Some of the clips are a little shaky and I want to stabilize them using the SmoothCam filter.

I've found, though, that when I apply the filter to the clips in the timeline, the filter references the entirety of the source clip rather than just the section that is being used in the timeline. This results in some rather drastic scaling since there are sometimes parts in the unused portion of the clip that are much shakier.

Is there some way to apply this filter only to the section of the clip that is in use? Perhaps there is a way to make all of the clips in the timeline independent subclips?

Thanks in advance.

Hey John, thanks for the reply. This seems like it should work, but do you or anyone else know of a way to simply disassociate the clip in the timeline with the original clip in the browser while preserving the edited clip's in and out points?

The behaviour of analysing the whole clip has apparently been fixed in FCP 7 although I haven't had a chance to test that yet. Otherwise making a new clip via QT export is the only way I know of.

Thanks for all the help, guys.