We purchased episode pro and it didn't work at all. this was back when media100 was still in 11.5, i believe and episode would not work at all no matter what codec i digitized in from m100, reference file, self contained, whatever. Still hoping to find one program that i can make all the conversions and formats with ease. The newest version of Apple's Compressor is good but you still have to purchase the flip4mac plugin seperately in order to use it. And you still cant use the M100i or M100HD codecs without compressor misinterpreting the RGB values.
M100's support of Apple's ProRes codec seems to be working fine as an online quality, compressor-"able" codec to work with. I'm quite satisfied with even the non HQ-ProRes image quality when compressed to MPG2.