Thanks for all the links.
I looked up "external monitor for FCP". We are not talking about hooking up a monitor to my MBP and extending the display to that second monitor to have more "space" for the Canvas (which is indeed small by default), right? Or would that work? I can hook up my MBP to my HDTV and use it as an extension of my Desktop, but of course, the TV is used as a computer display then, and I don't see what I would gain from that in terms of CC.
There seem to be hardware sets like the Matrox MXO. What is it doing? Is it "communicating" with FCE to get the interlaced rendered sequence and send an interlaced video signal to the TV? If so, how does it manage to do that... I am not sure I want to invest in this kind of hardware for the kind of amateur work I am doing right now anyhow...
Sorry for my naivety.
Definitely having a large monitor is useful for FCP. I run FCP across 2 x 23 inch Apple monitors. When I am doing FCP, the right hand monitor is for the canvas. Everything else is on the left-hand monitor.
The other recommendation that you will hear often is to hook up a TV to the Mac to display the output on a device similar to the target audience. This used to be very important when 99% of all video was watched, via DVD or broadcast, on a cathode-ray tube TV. If you just edited on a computer display, the output on the TV could be very different. So, all editors had a small tube TV connected to their computer to get an idea of the end output color.
However, today, our video gets watched on computers (e.g. youtube), iPods/iPads, TVs (DVD and Blu-ray), projectors, etc. Reviewing the video on all target display types would be more hassle than it is worth - given that all devices have much better color management these days.
Also, most TVs are now flat panel with similar color characteristics as the computer display. If you are making video for commercial broadcast, definitely use an external TV monitor (or a professional colorist). If you are making video for internet sharing and a few DVDs for friends, the color output on a computer monitor will be close enough.
But, definitely get yourself a big display for your MBP or you wont be seeing the Canvas large enough to be able to see color and sharpness properly.
Regards
Peter