My only concern was the availability of the format. Istockphoto, for example, looks like a lot of their stuff is .mov. We're going to be drawing on a lot of pre-recorded clips.
It's fine to use .mov files, but since you use a Mac, iMovie will be faster and easier than FCP.
Uncompressed video is best, although almost any video format can be imported, or converted for import at needed, using QuickTime Pro or ffmpegX.
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