Are they planning on you capturing uncompressed video to the MBP's internal drive?

Most professional NLEs are also able to edit uncompressed video with the appropriate hardware.

Because of the relatively high bit rate of uncompressed video, video compression is extensively used.

It should be possible to store more than a hour of uncompressed video, too.

Some of these methods are inherently lossy while others may preserve all relevant information from the original, uncompressed video.

Portable recorders are an easy, reliable and complete solution for receiving and storing uncompressed video.

Software for uncompressed video is often supplied with suitable hardware or available for free: Ingex (open source).

The above are accurate for uncompressed video.

Bit rate of uncompressed video is too high for most practical applications.

A rule of thumb is that you need one gigabyte of space for every four minutes of uncompressed video imported directly from the camcorder.