I'm lost, too! But that seems to be what's happening. The intermediate file is a smaller, 'pointer' file that references the original raw frames and whatever filters/edits have been set in FCP, but, and ....
— f*ck, I don't know!
I'll figure something out ...
No, I don't have the hard drive space.
Thanks for your help, guys, I'll keep you posted if anything comes of this.