I have a project to transfer all my footage and competed projects, stored on miniDV; about halfway through the fourty hours of media.
Final Cut Pro X does not handle timecode. You cannot set the in and out point on an EDL and ask for a single [file] transfer. The workflow of FCP7, where you could do frame accurate batch capture and only need to feed media at the prompt, is extinct.
With FCProX, you can do a live capture, where you press the "start capture" icon, and when the media is done, press the "stop capture". I cannot remember if playable frames are required to be playing, as it used to be with FCP7, because of the need for timecode.
For my project, I have been using a MacBook Pro 2009 with FCP7 and batch capturing the media, because I still have the original projects in the archive. And for the media for which I don't, I have a project in which I log the in and out points for the un-logged media. I then use batch capture.
The resulting QuickTime transfer is easily converted [with Compressor, if you have it] to any format that plays on your favoured device.
For PCProX [10.4.x], you need to baby-sit the capture.
Regards,
Pascal