So I just purchased an Intensity Shuttle USB3.0. It seems to work fine with my Gigabyte UD7, i7-990@ 4.2GHz, 12 gig ram, 2.5 TB spinning drives, .5T Samsung SSD.

I have an EX1 and a Canon HV20. Problem is trying to guess what to set the Black Magic Design Control Panel "default video standard" and then in BMD Media Express "Project video format" and "Capture file format". It appears that it has to be right or you get just audio.

Trying to figure out the above setups for the HV20 out the 1) HDMI and 2)Component for:
HDV 24P
HDV
DV
DV stretch

Then there is the different modes for the EX1, Component only at this point but soon I will have an SDI to HDMI converter. There is a $50 SDI to HDMI converter on Amazon says it is good for these resolutions:

" SDI LOCK LED light when it detect SDI signal, please adjust the resolution of SDI output into correct one. Support resolutions as following:525i, 625i, 720P@24HZ, 720P@25HZ, 720P@30HZ, 720P@50HZ, 720P@60HZ, 1080i@50HZ, 1080i@60HZ, 1080P@24HZ, 1080P@25HZ, 1080P@30HZ, 1080P@50HZ, 1080P@60HZ. Recommended resolutions: 720p@50Hz/60Hz or 1080P@50Hz/60Hz"

Would I see a difference with a Black Magic or AJA SDI>HDMI converter than the above much cheaper unit?

Is the video format different out component and HDMI/SDI? If so what difference and on which camera?

I used to do high speed video capture and enjoy the complexities of setting up the data acquisition, this is very different and I hate to have to reinvent the wheel so to speak.

Any help is much appreciated.

The only modes the EX1 can output are 720p50/60 or 1080i50/60. I recommend against 24p on both the HV20 and EX1, as that will almost certainly cause issues down the line.

I'd go with 1080i60 for both the EX1 and HV20. Leave the HV20 in HDV mode, The EX1 should be in 1080/60i mode.

Then, the default video standard should be 1080/59.94i in your BMD control panel and Media Express. (because remember that NTSC areas are still drop-frame timecode)