I will be editing HD video with Final Cut Express. However, the raw video is from a Panasonic HVX200 and I dont know if FCE supports the DVCPro-HD format. I do have experience editing in Sony Vegas 7, and learning on FCE.
The camera is on loan to me and I will probably use it once. The owner of the camera offered to convert it into a useable format for me. I just thought I would save some time and do the import myself. But thanks anyway.
I'm pretty sure that Quicktime Pro would be able to perform the conversion. But if he has offered to convert it for you i'd take him up on that then it's his headache.