Rough cut on iMovie

Hi I have got a quick project to complete..
I am planning to have my rough cut on iMove then finalise it in FCP5.
I know there might be some problem when I import iMovie clips into FCP... but not clear of what they are.
I will be very greatful if anyone can give me a quick outline of what I should be aware....
Thank you so much in advance.
OH, the only reason I will be doing the cut in iMovie is because, at my client's environment, there is only iMovie to use and I have to work together during importing clips & the rough cut stage.
PowerBook G4 1.33   Mac OS X (10.4.3)  

I highly doubt this will work. MANY reasons why:
-iMovie projects cannot be opened by FCP
-iMovie DOES NOT CAPTURE TIMECODE. That is HUGE for offline/online edits
-iMovie captures .dv files...very different than .mov files...again...no timecode.
And this footage will have to be rendered in FCP.
-iMovie edits destructively (or it did last time I looked) and doesn't allow for re-use of shots
In fact, I cannot think of one good reason...ANY reason to do what you are suggesting. It just plain won't work.
Buy Final Cut Express...or does FCE do timecode? I know you can't log and capture, and that it works with DV only...but not sure about the TC issue.
ANYWAYS. No. Don't do this.
#20 Using iMovie to Capture for FCP edit
Shane's Stock Answer #20:
iMovie handles the media differently from FCP, specifically where audio is concerned. So it is not a recommended workflow. Here's why...
iMovie captures using DV Stream (.dv) standard which does not use timecode. That is a big disadvantage over the way that FCP captures in that you can't go back and recapture the material at a later date if you need to revisit a project.
The DV/NTSC specification (the one FCP uses) also calls for seperate tracks for audio and video, even if you capture it as one clip. iMovie' DV stream format is muxed audio and video, which means that they are tied together (I can't get into specifics because I ain't no engineer or programmer). FCP is a bit more demanding and captures the seperate audio/video tracks, either in a single media file or as seperate video and audio files. With FCP you could capture video only or audio only because each is defined by the DV specs. while with iMovie you can't.
Also, if you drop the iMovie footage into the timeline, your will get the RED render bar forcing you to render the footage in order to see it...
"There's no need to fear, UNDERDOG is here!"

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