If this is your first RED gig, get all the relevant software (Red Alert, Red Rushes) from the RED site, get Clipfinder (Not Snow Leopard ready) as well. Transcode RED files to ProresHQ and do a basic HD finish. You can ingest via Log and Transfer but I prefer the Clipfinder method myself, fewer
restrictions to worry about.
Edit.
Downconvert as per Shane's instructions.
If you know nothing of RED and the issues involved, read up on reduser.net
ak
Sleeplings, AWAKE!