The quoted member may well be correct, but he was talking about the likes of the Quadra 840AV and 660AV, which had their own DSP chips and dedicated VRAM for video-input., video-output and display. You have a Quadra 700. It was the first Quadra and a most impressive beast when it was launched. It was significantly faster and cheaper than the IIfx which it replaced (more or less - the Q900 that came with it was faster).
The main problem for me with the Q700 is that the video cannibalises the central system's CPU and RAM, that is, it uses CPU cycles and system RAM to generate the display. The Q700 has a full 25MHz 68040 processor and runs software from 1991-2 well, but less well when the system has to generate the display as well. You have a good NuBus graphics card - use it. It would have cost a quarter the price of the Q700 when it was new ($1500 for a new high-end graphics card in 1994 was not unheard of) and it leaves more system resources for the application in question. The NuBus bus isn't especially fast, but for 1991 apps it's not bad.