I'm posting this in several forums to cast as wide a net of expertise as possible. Despite my best attempts at changing the ingest codec in FCP 7, it stays stuck on ProRes. I tried changing the audio/Video settings to either LT or HQ, and it completely ignores me :-(.
I also tried to change the preferences in the Log & Transfer window, hit OK and it just defaults back to ProRes. Does this sound like a corruption in FCP that would require a re-install? I sure hope not. As it stands, I'm getting transcoded files that are about 6x heftier than their AVCHD parents and I'd love to slim them down by using ProRes LT. Any ideas? Am I missing something?