Is there any advantage to rendering a project before sharing. Does it help if you are creating a "master" file? My goal is to create h.264 client. The project is long so I'm trying to figure out the quickest way.
Not really- renders are best for previews of complex compositions where you lose too many frames in the real-time preview- which is determined by the power of your GPU and the complexity of the compositions. If the R/T preview is fine for the work, don't bother to render and just do the whole thing as a Share at the end.