I would appreciate if the tooltips explained exactly how to decide each option, rather that to reiterate what the control already implies. What's important is the implication of each choice.
For instance, why would I choose a Black Level of 2048? How would I possibly know without spending time poring over ML forums? Likewise with choosing "Generic Camera" versus my own camera. Or 12 versus 16 bit?
As I understood from times past, some of the options determined compatibility with Finder, Premiere Pro, Resolve or maybe others. Some were mutually exclusive. Are they still? How would I know? What other recipes are there to make-or-break a given scenario?
Ideally the app would eliminate unnecessary options, make the "everything just works" setup completely apparent, and then better document any non-default settings in terms of specifically why you'd use them (or why you'd better not).
As things are, based on faith and lack of any better knowledge, I'll use:
Camera: 5D3 (that's what I have)
WB: Auto (I white balance in camera)
Bit depth: 12 (a 5D3 has less that 12 stops DR)
Black level: Auto (no reason to choose otherwise)
Vertical Stripes Correction: ON (who would ever want stripes?)
With these settings, I'd expect the footage to work perfectly in Finder thumbnails, Adobe Bridge, Lightroom, Premiere Pro, FCPX, and Resolve. If I'm wrong, then it would be nice if the software lead me to the right settings for such scenarios.