Whats Inside?

FW 800 isn’t 800 MegaBytes per second, it’s 800 Mbits or about 75 MBytes per second.  The ATA 133 hard drive can run as fast as 133 MBytes per second.  So, I guess according to specs the internal hard drive isn’t the problem.  If I know anything about Final Cut Pro, you should be running an internal drive as your scratch drive.  I doubt any external will work, unless it’s a thunderbolt drive.