Yes, but it is not limited to 2 GB files. It can capture as one file. So 12 hours of DV material will be a single file of around 145 GB.
Thank you for the rapid reply.
Dang, this is also the case with iMovie versions after iMovie 6. It makes one large file that is too large too work with. Maybe Premiere Pro could incorporate file breaks as a future feature. Should be easy to implement.
What makes you think one file is "too large too work with"?
Jim wrote: "What makes you think one file is "too large too work with"?
When I tried recording all night using iMovie 9 ( or whatever post iMovie 6 version) with my 2007 iMac it had a tendency to crash at some point in the night.
I have run iMovie 6 nightly for the past six years with hardly ever a glitch. If it did glitch then the recorded 2 GB files would at least be available in recovery.
That is just my experience but I am getting ready to get a new iMac which may be better able to record a 140 GB single file.
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I routinely capture hours of TV programming (films and documentaries) using the Canopus device you referred to and PPro CS6.
I can assure you PPro handles the resulting big files just fine. Even the audio conforming phase is wicked fast with SSDs in a RAID array.