DV is lossless for straight copies.
a small amount of loss will be incurred when you add an effect and have to render.
this is the same if you are working with your original rushes,
or an Exported file,
so go ahead and add your effect.
the techniques will all *pretty much* produce the same effect, quality-wise.
certainly the shot itself will be the same in all instances.
what you have to keep an eye for is the letterbox itself.
some techniques *may* give a crisper result,
but what really determines this is which line of video the letterbox sits on.
if you were to use a very simple crop technique for instance, and do it manually, you might get a slight fuzziness to the border.
if you went into the clips motion settings and chose round numbers for the crop settings it could get better
i haven't used it much, but i would hope that FCP's own widescreen filter would conform to the best settings, and give sharp edges
you'll only be able to judge this on an external monitor, not on the canvas.
the same goes for the RE-FRAMING of the clip.
once you have re-positioned it,
open it up into the viewer, and go to the motion tab.
adjust the X+Y co-ordinates to the nearest whole, even numbers.
the image will look sharper
(again, you'll only see this on an external monitor, not on the canvas.)
if your shot is moving from beginning to end, this wont really matter.
but if you keyframe in a hold, then hold on even, whole co-ordinates for best results.
i can't comment on the quality of the borders using Derek's technique,
but it does give you the least amount of real-time monitoring of any WS technique, and the longest render times.
for one shot this is OK,
but for a series or shots, i would (and do) use either 2 cropped slugs above the image, or a Mask i've made myself in Photoshop.
when done, export your sequence as a self-contained QuickTime Movie, using "Current Settings" (this is the default)
this method of exporting guarantees no re-compression.
nick