Mike Curties in his blog hdforindies.com has posted early tidbits of using Final Cut Studio 2.
“Some preliminary tidbits: Media Manager SEEMS to be improved in its handling of some issues – Recompress To does NOT clip IRE values over 100 IRE at the moment. Sending clips with >100 IRE to Color works (no clipping) presuming you turn off the default Broadcast Safe filter (I need to study its behavior a bit – I’m guessing that with the filter on, you can dial back and the highlights are still there, just being clipped by the app @ 100 IRE – but I need to verify that myself).
keep in mind that Color 1.0 that comes with Final Cut Studio 2 @ $1300 includes ALL the functionality they used to include in the $25,000 Final Touch 2K – yes you CAN do 2K 10 bit log DPX film scans in this thing – WOWZA.
My main box, a Quad 2.5 GHz G5, has 10.4.8 with FCP 5.1.4 and Media Composer 2.6 on it (they SEEM to coexist so far OK), and 10.4.9 with FCS 2 on the other internal drive. I’ve got the Blackmagic Design Multibridge Extreme card in it at the moment, but I plan to test it and my Kona3 to see how they compare with FCS 2.”
from blog post on hdforindies.com by Mike Curtis