So I just got my brand new Sony HDR-CX520V in the mail yesterday and I am in the process of learning Final Cut Pro 7. I would like to know how to set up the FCP7 "Audio/Video Settings" to properly work with and display clips from my Sony HDR-CX520V. Currently, I am recording with HD[FH] (Full HD) mode.
The camcorder specs say:
-Video Format: HD: MPEG4 AVC/H.264; SD: MPEG2
-Video Signal: HD: 1920x1080/60i; SD: NTSC color, EIA standards
-Dolby Digital 5.1ch recording

When setting up Final Cut Pro 7 Audio/Video Settings there are two settings which I am confused about. The first, is "Sequence Preset", theres about a million options there to choose from, so here they are:
Apple Intermediate Codec 1080iSO
Apple Intermediate Codec 1080i6O
Apple Intermediate Codec 720p30
Apple ProRes 422 (HQ) 1280x720 24p 48 kHz
Apple ProRes 422 (HQ) 1280x720 25p 48 kHz
Apple ProRes 422 (HQ) 1280x720 30p 48 kHz
Apple ProRes 422 (HQ) 1280x720 50p 48 kHz
Apple ProRes 422 (HQ) 1280x720 60p 48 kHz
Apple ProRes 422 (HQ) 1440x108O 24p 48 kHz
Apple ProRes 422 (HQ) 1440x108O 25p 48 kHz
Apple ProRes 422 (HQ) 1440x108O 30p 48 kHz
Apple ProRes 422 (HQ) 1440x108O SOi 48 kHz
Apple ProRes 422 (HQ) 1440x108O 6Oi 48 kHz
Apple ProRes 422 (HQ) 1920x1080 24p 48 kHz
Apple ProRes 422 (HQ) 1920x1080 2Sp 48 kHz
Apple ProRes 422 (HQ) 1920x1080 3Op 48 kHz
Apple ProRes 422 (HQ) 1920x1080 SOI 48 kHz
Apple ProRes 422 (HQ) 1920x1080 6Oi 48 kHz
Apple ProRes 422 (HQ) 960x720 24p 48 kHz
Apple ProRes 422 (HQ) 960x720 2Sp 48 kHz
Apple ProRes 422 (HQ) 960x720 3Op 48 kHz
Apple ProRes 422 (HQ) 960x720 SOp 48 kHz
Apple ProRes 422 (HQ) 960x720 6Op 48 kHz
Apple ProRes 422 (HQ) NTSC 48 kHz
Apple ProRes 422 (HQ) NTSC 48 kHz Anamorphic
Apple ProRes 422 (HQ) PAL 48 kHz
Apple ProRes 422 (HQ) PAL 48 kHz Anamorphic
Apple ProRes 422 (LT) 1280x720 24p 48 kHz
Apple ProRes 422 (LT) 1280x720 2Sp 48 kHz
Apple ProRes 422 (LT) 1280x720 30p 48 kHz
Apple ProRes 422 (LT) 1280x720 S0p 48 kHz
Apple ProRes 422 (LT) 1280x720 60p 48 kHz
Apple ProRes 422 (LT) 1440x1080 24p 48 kHz
Apple ProRes 422 (LT) 1440x1080 2Sp 48 kHz
Apple ProRes 422 (LT) 1440x1080 3Op 48 kHz
Apple ProRes 422 (LT) 1440x1080 SOI 48 kHz
Apple ProRes 422 (LT) 1440x1080 6Oi 48 kHz
Apple ProRes 422 (LT) 1920x1080 24p 48 kHz
Apple ProRes 422 (LT) 1920x1080 2Sp 48 kHz
Apple ProRes 422 (LT) 1920x1080 3Op 48 kHz
Apple ProRes 422 (LT) 1920x1080 SOI 48 kHz
Apple ProRes 422 (LT) 1920x1080 60i 48 kHz
Apple ProRes 422 (LT) 960x720 24p 48 kHz
Apple ProRes 422 (LT) 960x720 2Sp 48 kHz
Apple ProRes 422 (LT) 960x720 30p 48 kHz
Apple ProRes 422 (LT) 960x720 SOp 48 kHz
Apple ProRes 422 (LT) 960x720 60p 48 kHz
Apple ProRes 422 (LT) NTSC 48 kHz
Apple ProRes 422 (LT) NTSC 48 kHz Anamorphic
Apple ProRes 422 (LT) PAL 48 kHz
Apple ProRes 422 (LT) PAL 48 kHz Anamorphic
Apple ProRes 422 (Proxy) 1280x720 24p 48 kHz
Apple ProRes 422 (Proxy) 1280x720 2Sp 48 kHz
Apple ProRes 422 (Proxy) 1280x720 3Op 48 kHz
Apple ProRes 422 (Proxy) 1280x720 SOp 48 kHz
Apple ProRes 422 (Proxy) 1280x720 6Op 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 24p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 2Sp 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 30p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 S0i 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 60i 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 24p 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 2Sp 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 30p 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 S0i 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 60i 48 kHz
Apple ProRes 422 (Proxy) 960x720 24p 48 kHz
Apple ProRes 422 (Proxy) 960x720 2Sp 48 kHz
Apple ProRes 422 (LT) 1920x1080 S0i 48 kHz
Apple ProRes 422 (LT) 1920x1080 60i 48 kHz
Apple ProRes 422 (LT) 960x720 24p 48 kHz
Apple ProRes 422 (LT) 960x720 25p 48 kHz
Apple ProRes 422 (LT) 960x720 30p 48 kHz
Apple ProRes 422 (LT) 960x720 50p 48 kHz
Apple ProRes 422 (LT) 960x720 60p 48 kHz
Apple ProRes 422 (LT) NTSC 48 kHz
Apple ProRes 422 (LT) NTSC 48 kHz Anamorphic
Apple ProRes 422 (LT) PAL 48 kHz
Apple ProRes 422 (LT) PAL 48 kHz Anamorphic
Apple ProRes 422 (Proxy) 1280x720 24p 48 kHz
Apple ProRes 422 (Proxy) 1280x720 25p 48 kHz
Apple ProRes 422 (Proxy) 1280x720 30p 48 kHz
Apple ProRes 422 (Proxy) 1280x720 50p 48 kHz
Apple ProRes 422 (Proxy) 1280x720 60p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 24p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 25p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 30p 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 S0i 48 kHz
Apple ProRes 422 (Proxy) 1440x1080 60i 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 24p 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 25p 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 30p 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 S0i 48 kHz
Apple ProRes 422 (Proxy) 1920x1080 60i 48 kHz
Apple ProRes 422 (Proxy) 960x720 24p 48 kHz
Apple ProRes 422 (Proxy) 960x720 25p 48 kHz
Apple ProRes 422 (Proxy) 960x720 30p 48 kHz
Apple ProRes 422 (Proxy) 960x720 S0p 48 kHz
Apple ProRes 422 (Proxy) 960x720 60p 48 kHz
Apple ProRes 422 (Proxy) NTSC 48 kHz
Apple ProRes 422 (Proxy) NTSC 48 kHz Anamorphic
Apple ProRes 422 (Proxy) PAL 48 kHz
Apple ProRes 422 (Proxy) PAL 48 kHz Anamorphic
Apple ProRes 422 1280x720 24p 48 kHz
Apple ProRes 422 1280x720 2Sp 48 kHz
Apple ProRes 422 1280x720 30p 48 kHz
Apple ProRes 422 1280x720 50p 48 kHz
Apple ProRes 422 1280x720 60p 48 kHz
Apple ProRes 422 1440x1080 24p 48 kHz
Apple ProRes 422 1440x1080 25p 48 kHz
Apple ProRes 422 1440x1080 30p 48 kHz
Apple ProRes 422 1440x1080 S0i 48 kHz
Apple ProRes 422 1440x1080 60i 48 kHz
Apple ProRes 422 1920x1080 24p 48 kHz
Apple ProRes 422 1920x1080 25p 48 kHz
Apple ProRes 422 1920x1080 30p 48 kHz
Apple ProRes 422 1920x1080 S0i 48 kHz
Apple ProRes 422 1920x1080 60i 48 kHz
Apple ProRes 422 8-bit 1440x1080 S0i 48 kHz
Apple ProRes 422 8-bit 1440x1080 60i 48 kHz
Apple ProRes 422 960x720 24p 48 kHz
Apple ProRes 422 960x720 25p 48 kHz
Apple ProRes 422 960x720 30p 48 kHz
Apple ProRes 422 960x720 S0p 48 kHz
Apple ProRes 422 960x720 60p 48 kHz
Apple ProRes 422 NTSC 48 kHz
Apple ProRes 422 NTSC 48 kHz Anamorphic
Apple ProRes 422 PAL 48 kHz
Apple ProRes 422 PAL 48 kHz Anamorphic
Apple ProRes 4444 1920x1080 24p 48 kHz
Apple ProRes 4444 1920x1080 25p 48 kHz
Apple ProRes 4444 1920x1080 30p 48 kHz
Apple ProRes 4444 1920x1080 S0i 48 kHz
Apple ProRes 4444 1920x1080 60i 48 kHz
DV NTSC 48 kHz
DV NTSC 48 kHz
DV NTSC 48 kHz - 23.98
DV NTSC 48 kHz - 24
DV NTSC 48 kHz Anamorphic
DV PAL 48 kHz
DV PAL 48 kHz - 23.98
DV PAL 48 kHz - 24
DV PAL 48 kHz - 24 @ 25
DV PAL 48 kHz Anamorphic
DVSO NTSC 48 kHz
DVSO NTSC 48 kHz - 23.98
DVSO NTSC 48 kHz Anamorphic
DVSO PAL 48 kHz
DVSO PAL 48 kHz Anamorphic
DVCPRO - PAL 48 kHz
DVCPRO - PAL 48 kHz Anamorphic
DVCPRO - PAL 48 kHz Superwhite
DVCPRO HD 1080i50
DVCPRO HD 1080i60
DVCPRO HD 1080p24
DVCPRO HD 1080p30
DVCPRO HD 720p24
DVCPRO HD 720p2S
DVCPRO HD 720p30
DVCPRO HD 720pS0
DVCPRO HD 720p60
HDV - 1080iS0
HDV - 1080i60
HDV - 1080p24
HDV - 1080p2S
HDV - 1080p30
HDV - 720p24
HDV - 720p25
HDV - 720p30
HDV - 720p50
HDV - 720p60
IMX NTSC (30 Mb/s)
IMX NTSC (40 Mb/s)
IMX NTSC (50 Mb/s)
IMX PAL (30 Mb/s)
IMX PAL (40 Mb/s)
IMX PAL (50 Mb/s)
OfflineRT HD (Photo JPEG) - 23.98
OfflineRT HD (Photo JPEG) - 24
OfflineRT HD (Photo JPEG) - 25
OfflineRT HD (Photo JPEG) - 29.97
OfflineRT HD (Photo JPEG) - 30
OfflineRT NTSC (Photo JPEG)
OfflineRT NTSC (Photo JPEG) - 23.98
OfflineRT NTSC (Photo JPEG) - 24
0lTlineRT NTSC Anamorphic (PhotoJPEG)
OfflineRT PAL (Photo JPEG)
OfflineRT PAL Anamorphic (Photo JPEG)
Uncompressed 10-bit NTSC 48 kHz
Uncompressed 10-bit PAL 48 kHz
Uncompressed 8-bit NTSC 48 kHz
Uncompressed 8-bit PAL 48 kHz
XDCAM EX 1080iS0 VBR
XDCAM EX 1080i60 VBR
XDCAM EX 1080p24 VBR
XDCAM EX 1080p25 VBR
XDCAM EX 1080p30 VBR
XDCAM EX 720p24 VBR
XDCAM EX 720p2S VBR
XDCAM EX 720p30 VBR
XDCAM EX 720p50 VBR
XDCAM EX 720p60 VBR
XDCAM HD 1080i50 CBR
XDCAM HD 1080i50 VBR
XDCAM HD 1080i60 CBR
XDCAM HD 1080i60 VBR
XDCAM HD 1080p24 CBR
XDCAM HD 1080p24 VBR
XDCAM HD 1080p25 CBR
XDCAM HD 1080p25 VBR
XDCAM HD 1080p30 CBR
XDCAM HD 1080p30 VBR
XDCAM HD422 1080i50 CBR
XDCAM HD422 1080i60 CBR
XDCAM HD422 1080p24 CBR
XDCAM HD422 1080p25 CBR
XDCAM HD422 1080p30 CBR
XDCAM HD422 720p60 CBR
XDCAM HD422 720pS0 CBR
DV NTSC 48 kHz
DV NTSC 48 kHz Advanced (2:3:3:2) Pulldown Removal
DV NTSC 48 kHz Anamorphic
DV PAL 48 kHz
DV PAL 48 kHz Anamorphic
DV to 0ffIineRT NTSC (PhotoJPEG)
DV to 0ffIineRT NTSC Anamorphic (Photo JPEG)
DV to 0ffIineRT PAL (Photo JPEG)
DV to 0ffIineRT PAL Anamorphic (Photo JPEG)
DVSO NTSC 48 kHz
DVSO NTSC 48 kHz Anamorphic
DVSO PAL 48 kHz
DVSO PAL 48 kHz Anamorphic
DVCPRO - PAL 48 kHz
DVCPRO - PAL 48 kHz Anamorphic
DVCPRO - PAL to OfflineRT PAL (Photo JPEG)
DVCPRO HD 1080i50 48 RHI
DVCPRO HD 1080i60 48 RHI
DVCPRO HD 1080p30 48 RHI
DVCPRO HD 1080pA24 48 RHI
DVCPRO HD 720p24 48 RHI
DVCPRO HD 720p2S 48 RHI
DVCPRO HD 720p30 48 RHI
DVCPRO HD 720p50 48 RHI
DVCPRO HD 720p60 48 RHI
Generic Capture Template
HDV
HDV-Apple Intermediate Codec
HDV-Apple ProRes 422
HDV-Apple ProRes 422 (HQ)
The next thing I am wondering about is the "Capture Preset", there are not nearly as many options there, but there still quite a few and I'm not sure which one I need. The options are:
DV NTSC 48 kHz
DV NTSC 48 kHz Advanced (2:3:3:2) Pulldown Removal
DV NTSC 48 kHz Anamorphic
DV PAL 48 kHz
DV PAL 48 kHz Anamorphic
DV to 0ffIineRT NTSC (PhotoJPEG)
DV to 0ffIineRT NTSC Anamorphic (Photo JPEG)
DV to 0ffIineRT PAL (Photo JPEG)
DV to 0ffIineRT PAL Anamorphic (Photo JPEG)
DVSO NTSC 48 kHz
DVSO NTSC 48 kHz Anamorphic
DVSO PAL 48 kHz
DVSO PAL 48 kHz Anamorphic
DVCPRO - PAL 48 kHz
DVCPRO - PAL 48 kHz Anamorphic
DVCPRO - PAL to OfflineRT PAL (Photo JPEG)
DVCPRO HD 1080i50 48 kHZ
DVCPRO HD 1080i60 48 kHZ
DVCPRO HD 1080p30 48 kH2
DVCPRO HD 1080pA24 48 KHZ
DVCPRO HD 720p24 48 kHz
DVCPRO HD 720p2S 48 RHZ
DVCPRO HD 720p30 48 RHZ
DVCPRO HD 720p50 48 RHZ
DVCPRO HD 720p60 48 RHZ
Generic Capture Template
HDV
HDV-Apple Intermediate Codec
HDV-Apple ProRes 422
HDV-Apple ProRes 422 (HQ)