Zack_W wrote:...However, I'm still a bit unclear whether I am taking any risks by importing just selected MP4 files rather than the entire M4ROOT folder - is Resolve in fact dependent upon seeing the entire folder structure for any reason?...
The traditional answer is you keep all the files. However in actual practice those are often not used. It varies with each camera and NLE.
My documentary team has many Sony mirrorless and pro cameras, and we normally don't keep the folder tree. So far I haven't seen it needed when using Resolve or Catalyst Browse.
When importing via FCP's import dialog (vs drag/drop from Finder), having the folder tree can enable setting In and Out points for the import. However that is codec-specific. I haven't seen a similar issue on Resolve.
With some older Panasonic codecs which used segmented files, the metadata files enabled stitching the file segments together.
With the older AVCHD format, it was important to keep the AVCHD folder tree (seen as a file bundle on MacOS) because FCP needed that for a proper rewrap on import. I don't think that was an issue for Resolve.
With RED .R3D files it's imperative to keep the entire folder tree intact, but that is a segmented system.
So the "keep the folder tree" issue is complex. But for Sony mirrorless and pro cameras, my team normally does not keep that, only the video files. When we offload using ShotPut Pro or OffShoot (formerly Hedge), it's sometimes easier to just grab the entire folder, whether needed or not.
Re transcoding 4k XAVC HS to ProRes 422 optimized media before editing, that is not needed for image quality reasons. On Apple Silicon, it's usually not needed for performance reasons, because the hardware acceleration is so fast. You'll have to evaluate that yourself. But it's a performance issue, not an image quality issue.