Can sombdoy explain the CC merge function a bit better to me?

Im trying to use it, but i must be doing somethign wrong because when i do it, even on a test sequence, nothing happens.

What i did to test it was took 2 sequences, took the CCs off of one, loaded the non-cc'd verison in the record side, then the cc'd version in the source side, and tried to do a CC merge. shouldnt i bring the CCs from the source over to the record?

This would be really useful for me to copy color corrects from :30 promos to :15 cutdowns, but i cant seem to figure out how to make it work.

The merge only works if you've corrected your shots using either "Tape Name", "Clip Name", or "Master Clip".  

If you've corrected using "Subclip", "Segment", either of the 2 "Programs" (track or segment) or "CC Effect" then the merge will not happen.

Sub clip should also work but I never use it.  Beware of Master Clip because sense 3.5 it has been broken and will be ovewritten by a subsequent Clip Name correction.