I found an article today on DSLR footage at the Vimeo Video School Blog. DSLR expert, Philip Bloom has created a new video demonstrating how to prepare your editing workflow with free software. This method is an alternative to using complicated methods within FCP. I've posted the video below. The link to their blog has a breakdown of the steps that Philip uses.
Canon 5dmkII workflow Part 1: Importing for edit from Philip Bloom on Vimeo.
How to convert the H264 files into an editable format.
This tutorial is for Final Cut Studio 2 users. If you are using a MAC and do not have Final Cut Pro installed the codecs will not be available to you. Use something equivalent like DVCPROHd.
Made for www.fstopacademy.com