Rendering
Chris,
So far, real time grabbing with the MAX or the PAR is not up to the same
standards as what you are able to output. Its possible and so may do it but
you're going to lose a fair amount of quality in the process.
However what you could do is composite white into the Alpha channel and put
that to the MAX, and also output your animation to MAX, put the "matte" to tape
and key the MAX signal in realtime over the video using the flying matte for
the key. And you wouldn't need more than an A/B roll system.
-JE