It's SDXC and therefore compatible.
But we don't have any data about card's overclocking ability and durabiltiy. Nobody knows anything about controller type. (If somebody knows: Please correct me).
BTW: Yes, $/GB is best (ATM) but do you really need > 4.5 hours footage stored on a single card?
[...] but am also wondering if a faster card will playback H.264 proxies with sound.
Come again? It sounds like "Will this fuel additive enhance my parallel parking skills?"