Best workflow for collaborative editing w/Final Cut Pro?

The NotARubicon!

NotARubicon Productions
I am starting a project where I will be working with another person that will be shooting video and editing with me. We will both have video from each of our (multiple) cameras and will both be editing the projects - or, one will be the primary editor and the other will need to be able to review the edits and make suggestions or even changes. To complicate things we live about and hour apart.

Has anyone done any kind of collobrative editing like this and can you share any tips for how you made it all work?
 
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