The Audio/Video Settings in FCP 7 tell the program how to work with your media. From logging and capturing footage, to editing and exporting files, the Audio/Video Settings help you determine the video formats compatible with your project.
The Easy Setup window is an FCP feature that prompts you for information about your project, and then determines the appropriate Audio/Video settings for you. If the settings you need aren't listed as an Easy Setup preset, the Audio/Video Settings window will let you create custom settings, or adjust your current Audio/Video settings to suit your needs.
This tutorial will guide you through the Audio/Video Settings window, and also teach you how to create a custom preset, edit an existing preset, and create an Easy Setup.