Hey folks, I just noticed that in Standard Def mode, the Sony HDR-CX550V shoots in MPEG 2 PS.

- Is this an XDCAM format?
- Can this be natively edited in Final Cut Pro? If so, how?
- If the Sony MPEG-2 PS can't be edited in FCP directly, what's the fastest / most space-efficient way codec for me to translate this to (for example thru mpegstreamclip)?

You might try asking this question in the Final Cut Pro forum..

A fair assumption would be if FCP can edit mpeg files such as HDV, it ought to be able to edit standard defintion mpeg files.

Not sure about non-dv but Final Cut Express will import various dv settings if you change settings within Easy Setup, I can't afford FCS but would assume it has more options available.