Can RED footage be color corrected in the program Color that comes with the Final Cut Studio, or should it be done professionally? If it should not be done in Color, what are the limitations of using this program to do this?
You can Color COrrect RED native r3d footage, in Apple color using the full 12 bit debayer from the original r3d material.
Color is a professional grading app used by professional Colorists every day.
THe limitations are the same for any color project.
Keep the reel lengths short (22 minutes)
Does not work too well on speed shots.
There is a spanned clip error on some red clips which is easily solved with a freeware software.
It does not color correct still store shots from FCP.