Starting out with FCP - import and setup question

I believe I have some good gear to begin using FCPX. 
iMac 3.4 Ghz Intel Core i7, 4GB RAM, AMD  Radeon 1 GB, Lion 10.7.2
Canon EOS 60D Camera
(Have an external drive although it is used for time machine)
Living in Canada
Would like to start using FCPX (dowloaded yesterday) in a relatively simple way to get used to it in small steps.
Is there a list of attributes and hints that would provide any easy start for understanding the best way to setup the camera, preferences on FCPX, import routine including basic event management etc.  other thoughts like when should I consider an external drive versus using iMac internal drive ould be appreciated.  I have been waching a number of tutorials and reviewing the discussions groups and many of these do get a little complex quickly.  Not worried about the complexity in the future just want to start out simply and then progress over time.  (Not sure I am ready to understand all the codec complexities that get a lot of attention just yet.)
Will keep looking at discussion groups and tutorials to advance my learning although any pointers to well thought out "newbie" information would be helpful (5000 discussions is a lot to go through).  Also do I need Compressor and Motion out of the gate?
Thanks

Mark Rivette wrote:
iMac 3.4 Ghz Intel Core i7, 4GB RAM, AMD  Radeon 1 GB, Lion 10.7.2
4 GB RAM is barely enough (despite what Apple say). FCP X is very RAM hungry.
(Have an external drive although it is used for time machine)
Particularly with an iMac, I recommend you put your Media, Events and Projects on an exclusive, fast external HD formatted 'Mac OS Extended' (not necessarily journaled - it doesn't matter for video).
Living in Canada
Shouldn't present any problems : )
Is there a list of attributes and hints that would provide any easy start for understanding the best way to setup the camera, preferences on FCPX, import routine including basic event management etc.
Depends on  what you want to do - particularly regarding drive space. If you're prepared to spend a little money on external HD space, then I would import all your footage as ProRes 422 - your iMac will find it far easier to edit and play back.
The downside of ProRes is that it takes up between 5 and 7 times more drive space than your (highly compressed) camera footage.
Also do I need Compressor and Motion out of the gate?
No - strictly speaking you don't - but I wouldn't be without either of them.
I don't know the 60D (I have a 5D Mk2) but I suggest the footage might be inclined towards high contrast and sharpening by default (as with the 5D 2). If the menu allows you to reduce the contrast and saturation (probably by as much as it will allow) you will have much more leeway when it comes to colour grading.
The footage won't look so amazing when you first import it, but you can do more with it. On the 5D 2 I get about two stops more latitude with exposure this way.
I also reduce sharpening to about half what the camera default - remember, the manufacturer wants you to be blown away by the first images you get from your camera - so they set the colour, contrast and sharpening at levels which are far too high for good grading.
Andy

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