Sony engineers have created a software plug-in called Cinemon-OMV1 to speed up and simplify workflow requirements for Final Cut Pro users, Omneon servers and Sony XDCAM camcorders.
Giving the benefits of a native MXF workflow environment and provides post production efficiencies in both time and cost.
Final Cut Pro users have some what been miffed by the Xdcam Ex workflow that is quicker in both Adobe Premiere and Grass Valley Edius users.
They don’t need to bother with transcoding, unwrapping or the need for another application to load up first then transfer in, whilst there is a native FCP log and transfer plug-in not dependent on the Sony Xdcam transfer software.
You still have to wait for the transcode to sort itself out and if you have copied native BPAV folders, then you create material that takes up more disk space, as you have to create a copy unlike with tape or XDcam HD you can leave your material with the original source media and copy once across and not need double up on disk space.
JVC with their Xdcam format cameras both the GY-HM100 and GY-HM700 got it right the first time by recording into Xdcam codec quicktime files, that can the easily be edited straight into the timeline. No transcoding or messing round with a cumbersome workflow.
Workflow illustration from Sony Cinemon site:

Cinemon Plugin for FCP Xdcam Workflow
FCP users benefit of the Cinemon plug-in include:
High-performance plugin is transparent
Directly access files from FCP
Additional training not required
Supports edit-while-ingest
Supports multiple formats
Render via XDCAM Export Tool
Smart rendering available via API
Cinemon-OMV1 allows native editing of the following formats in a Final Cut Pro timeline:
Sony XDcam Formats:
XDCAM Proxy*
XDCAM HD 18,25,35,50Mbps – 60i/50i/23.98p/25p/29.97p
XDCAM HD 720 50p/60p
XDCAM EX 25, 35 Mbps – 60i/50i/23.98p/25p/29.97p
XDCAM DVCAM
XDCAM IMX
Files exported via XDCAM Transfer Tool
Smart Render Option and API for XDCAM HD formats
Other info:
Supported Operating Systems & Software
Mac OS 10.4 or Mac OS 10.5
Apple Final Cut Pro 6.0.6
7.0 (7.0 is required for edit-while-ingest on Omneon)
QuickTime 7.6.2
XDCAM Transfer v2.9.0 or later
Minimum Hardware Specifications:
Intel 1.83 GHz Core 2 Duo
2 GB of RAM
GPU: Proxy Only – Intel 950 or greater
18, 25, 35, 50 Mbps – same GPU requirements as FCP
See below for more information about Cinemon – OMV1 trial download and pricing.
http://bit.ly/EX1madeEZ