In order that you don't simply point me to the page that states this, I'll save you the trouble and paste it here to show you that I actually found it and read it:
StyleBook
The VCL framework includes style information such as fonts, TPanels, and backgrounds in each component. For example a TLabel would include the font size, name, and color. The FireMonkey framework uses a Stylebook technique where all component style information for a form is contained in a stylebook for that form rather than in each component.
Mida 3 seamlessly and automatically moves the VCL style information into the new FireMonkey stylebook on each form saving you from having to manually cut and paste this information from each component. A real time saver!
The way I interpret the paragraph above is that if I have things like Panel1.Color then it will be converted into whatever FM needs to set the color. In fact, Panel1.Color, Panel1.Top, Panel1.Left are all left untouched and uncommented ... and they don't work in FM.
The video that Marco made last year shows him converting lots of controls that he said require very little work, and he was using the free version. He said Mida will leave comments for things that it cannot convert. I have the Pro version, and it's not converting basic things like this, nor is it leaving any comments around common properties that it cannot convert.
Do I need the Studio version to get it to do these conversions?
Note: this is a vanilla TPanel on a TForm, a very very simple test.
I'm using V3.2 (the latest one) and I have all of the default settings checked, including the one that say TStyles (or something similar).
-David