I have a Final Cut Pro project that when exported is 8.5 GIGs I want to be able to burn this in a data form to a 4.7 GIG DVD and be able to reopen it, and import it back to Final Cut to edit it again.... what is the best way to do this...
You are talking about two different formats. FCP would be quicktime and the dvd would be mpeg2. You can go back and forth but you'll lose some quality every time. It will also take a bunch of time to convert back and forth. I'd just save your project via firewire to a miniDV tape so you don't lose any quality.