I wanted to try a different workflow, so for the 1.1 I used Lightroom. Below are the steps I used to make this video.
1. Convert the RAW footage through Raw Magic
2. Imported the frames into Lightroom (which is a great tool for color correcting)
3. Used Quicktime player 7 to sequence the frames
4. Dropped the sequence into FCP for editing
5. Exported as 4444
6. Sent the FCP export to compressor where I compressed it to H..264 for Vimeo
* Im still trying to figure out other workflows using RAW footage. Please fill free to comment, ask and maybe share some of your workfows.