I am trying to decide if I should buy Final Cut X but before I shell out the cash I would like to know if it has the same issue importing/converting DV/HDV as I have read that iMovie (other than iMovie HD) has? I have about 50 SD DV tapes that I need to re-import and before I invest the time I want to see if I will be safe to spend the money on FC in order to get the best quality output that I can. I also have about 40 HDV tapes that i have imported with iMovie '09. Will I need to re-import these with FCX in order to have the best quality or will I be able to convert them into FCX? I have been using iMovie for a while and would like to learn FC and figured now would be a good time; however, if I am better off sticking with iMovie HD to import my tapes for the best quality then I will do that. For reference, I will be exporting to various formats (DVD, Blu Ray and internet formats). I just recently purchased a new iMac (3.4 i7) and have the newer iMovie that came with it, but haven't used it yet to import any tapes (not sure if it has the same DV/HDV quality issue that the '08 and later versions had).