This is my first attempt to use RED footage with Final Cut Pro ver. 6.0.1. I have a MacBook Pro 2.6 Ghz Intel Core 2 Duo, 4 Gb of memory, 200 Gig internal drive 7200 rpm and a LeCie 1 TB external drive connected via firewire 800. I’ve loaded into the LaCie the R3D file along with the QuickTime files. I’ve pulled the QuickTime proxy file into FCP and placed it on time line using Apple ProRes 422 (HQ) 1280 x 720 24p 48kHz Sequence Preset. Footage was shot without sound. So I’ve got video only. I can play the clip on the timeline and make straight cuts, but if I attempt to do any sort of effect over a cut (fade out/fade in, ripple, etc.) I get a red render bar. When I attempt to render I get a flag that states:” Codec not found. You may be using a compression type without the corresponding hardware card”. Does this mean I can only create cuts with the proxy footage?