So i finished my first every video in FCP yesterday, its 5:55 long, shot in full HD with some slow/fast motion and a soundtrack behind it.
However its taking up nearly 12GB if HD space, is this normal?! even full HD films i sometimes rip dont take up this much space...
When you import the camara files FCPX will transcode the files to prores format. This is an uncompressed format that is good for editing.
Then the idea is that after editing, you will click the "share" icon and export the video to some format more suitable distribution. There is a huge range of possable output formats, some good for maybe an iPhone and others better for BluRay discs. You have to pick. Most peopr would export more then once so they have several different size files.
When you import the video to FCPX you also have the option NOT to transcode the media. FCPX can save it as-is. It all depends on checkboxes you check or not inside the import dialog. FCP can edit from the camera original files or from prores files.
Keep those big Prores Files around until you are 100% for sure done and have done your export(s). They can be recreated from the camera files but I don't know if edits can hook up with recreated ProRes files (??)
Now lets look at cost. Say a 1TB disk is now about $90. That works out to 9 cents per gigabyte. Those "huge" 12GB files cost you $1.08 is space. Don't worry, buy more disk drives as you fill them.
If you shoot much video you HAVE to develop your own work flow. At can be anything but think about what you need to archive and backup. One possable workflow might be
1) Copy camera data to a folder called "Camera Archives". Make sure this is some place that gets backed up by Time machine and several other redundant backups.
2) import to FCPX and let it create ProRes files in the /Events folder.
3) Edit.
4) Export.
5) periodically go through Events and delete old footage.
Some people use the ProRes files in the events for an archive that is ket "forever". You pick. Just be sure to think about backups and how redundant they need to be. Write down the steps.