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“So should do and save all my work in this format and just convert for final format?”
Yea if your computer can handle ProRes, I’d edit and archive with DVD data disks in that format. I’ve read that people transcode HDV to ProRes during the capture. I’m assuming it is possible while you capture DV as well, but I’m not possitive. If not, take your footage into Compresor and do the transcoding there. If are delivering via DVD, DVDSP will automatically encoded it as MPEG when you import your assets.
As for audio, 48KHz is what video uses, but I think you can still use 24-bit. Don’t go below 16-bit.