Which Settings/Codecs Should I Capture and Work In?

Hi All,
I am about to start an editing project and I need some advice.
The source material is 10 hours of PAL Betacam SP.
We will have a high quality deck as well as high end capture card. What I would like to know is how high a quality/codec should I capture with to give us the highest quality source to work with (the full project will be online).
As in, at what point do you see no additional quality? For example, would I see benefit capturing at 10-bit versus 8-bit, Uncompressed vs. compressed, etc.. Keeping in mind the PAL Betacam SP source.
Thanks,
Jason
G5 Dual 2.5Ghz, 23 Cinema HD Display   Mac OS X (10.4.3)  

Since betasp is 8-bit, the highest you should go is 8-bit. Digibeta is 10-bit.
But I'd suggest, if you have lots of footage, cutting at an offline resolution first, then onlining 8-bit.
Gonna need a high speed RAID array too. SATA Raid should be fine for 8-bit and 10-bit.
Shane
"There's no need to fear, UNDERDOG is here!"

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