I'm editing together a load of short video clips I took on holiday with my Canon IXUS 100IS - a compact point-and-shoot that records video in 720p at 30fps. However, FCE4 always needs to render when I drag clips into the timeline - even when I select the Apple 720p30 codec for the project. Given that the camera even apparently encodes its video in Apple's beloved H.264 format, why am I sitting here waiting for the first 2 minute clip to render??