After Software upgrades for SD Recordings: DVCAM, etc.

Is the PDW-700 capable of sending a live Audio & Video stream via Firewire/iLink to an external recording device, such as a DVCAM deck, or a Laptop (For use with: Adobe's On-Location CS4)?
I was told that the PDW-700 was ONLY capable of streaming live A/V via the camera's SDI/HD-SDI outputs. Also, the Camera's firewire port CAN NOT be used while in RECORD MODE; PDW-700 Firewire port is for transfering data only.
Is this true? Can anyone confirm this?
Thanks in advance.

This is true. With the latest version of the firmware the i.Link port will not work when recording and only functions as a FAM connection. I've heard that there might be a firmware release that would stream 25mb HDV or DV. But for now that's not an option.

Thanks Andy!