CanadaDrone
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CD: FINALLY, the answer appears! Ever since you or someone else mentioned Luma on an iPad for editing 10-bit video, I've been scratching my head as to why this is possible on such a limited piece of hardware when it took a fair chunk of change to get my PC to the same position.
NOW I find out that Luma drops to 8-bit and that explains EVERYTHING!
Thanks a bunch.
Glad you found that info useful, I was not aware of it until recently myself, so it could have been me that mentioned it before and I am happy to now have confirmation from the company itself.
I originally thought LumaFusion was a 10bit Environment (because the new iPad Pros support it) but after editing some files on there I was suspicious. I sent an inquiry to their team (which is awesome by the way) and the first guy didn't know the answer so he went to the trouble of discussing it with one of their engineers, and confirmed my suspicions. So even though 10bit H265 video can easily be imported and played on the iPad pro, and further imported and edited in LumaFusion, you just aren't doing so in a 10-bit environment inside LumaFusion. I was told that support is coming in future updates. I also confirmed that using a LUT designed for 10bit footage on what is now 8bit footage in LumaFusion will not have any negative effect, so if you have made custom LUTs or purchased LUTs for M2P DLog-M footage, you can still use them without any downsides within LumaFusion.
For now, if you are only using LumaFusion for your editing, you might as well shoot in 8bit with -3 contrast so you get a decent amount of dynamic range still but without needing a separate program to deal with lens distortion corrections. If you are editing on a different platform, like in DaVinci, then there is still a significant benefit to shooting 10bit H265.
So LumaFusion is still missing two things - lens distortion correction and 10bit support. Once it has those I probably won't need any desktop programs for video editing at all.