Have you looked under the RED R3D sequence settings?
Don´t have the RED R3D folder in my sequence settings! I asked to a friend, he also works on win7, and he has the same problem that I mentioned.
What folders do you have for sequences?
I have these:
DV - 24P
DV - NTSC
DV - PAL
But in the installation path the RED´s folders exists...
I guess it´s what I should probably do...Thanks for your time.