RED ONE Camera: Compatibility with FCP?

There has been lots of talk about the RED one camera. You may have heard about - or even seen footage captured by the RED one cinema camera. One thing that they talk about is the ‘integration’ between final cut pro and the RED compression - 4K (or 2K) full resolution REDCODE™ RAW (.R3D) files.
I wonder if it is really as easy as they say it is, and I wonder if my Dual core G5 Apple Tower with 8GB Ram will be up to the challenge of handling such large files.
Well we will soon find out! In August this year I will be using the RED one camera on my year 12 student film - My Spectacular Student Film.
I will use Mac Filmmaking to document my progress while using the camera. From Production to post. So keep checking out Macfilmmaking.com!
- Josh Janssen
