I recently got a new HD multiformat monitor that is hooked up to my EdiusNX + Expansion via the component connectors. When setting up the monitor and Edius settings, I am curious about what is the proper/best setting to be using for component level as well as color space.

The monitor docs show the monitor defaults for different countries/regions and show the US as Beta7.5. In Edius, I currently have setup added and have switched it to Beta7.5 as well to match the monitor. And I can also switch all these settings to SMPTE. I'm just wondering if there is a better or proper choice for the US?

Also there is a monitor setting for color space. It is currently set to SMPTE and I can also choose other settings. Is there a best choice to match what is coming out of EdiusNX component outputs?