Video storage using applications....

I use an HD Flip video camera to capture video - - so, when I plug into my MBP, my FLip software opens up and i transfer vid to there.....Then if I want to utilize in iMovie, I export to a folder on my desktop and then bring in to iMovie.....
My question is.....am I storing this video, (a lot of room of course), three times??  taking up a lot of space.......
Help / suggestions appreciated to be most efficient......
thanks.

Yep, you're storing copies in all three places. Once in iMovie, delete from your desktop & wherever Flip stores their stuff.
FYI:
Because of the size of video files, I store such on a fast external drive & use Firewire.

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