Tue Mar 05, 2013 8:54 pm
Yes, a 'local version' refers to only the individual clip. A 'remote version' refers to the actual file that clips come from - so any clips from the same source file share the grade.
You can right click and just 'use local grades' as you say, or it may be that in future you only want to tweak certain clips but let others share grades so you can on a clip basis right click and load the first local version (or create new local versions).
**Any post by me prior to Aug 2014 was before i started working for Blackmagic**