NOTE: I had to trim this video down severely because of Youtube length limitations. See the full episode at http://avidscreencast.com/asc36
With Media Composer 5, you can access Quicktime and R3D files natively using AMA (provided you have the horsepower).
In this episode, I’ll show you how to link to AMA volumes, change the R3D source settings (such as ISO, color temperature etc.) within Media Composer, adjust the formatting and then transcode to DNxHD.