
The next patch to Premiere Pro CS3 (3.1) will import and output P2 media and MXF files natively without transcoding, rewrapping or conforming.
Update Oct 18: The 3.1 patch is now available via
Adobe Updater (choose
Update from the
Help menu inside any Adobe CS3 application.)
Also, Dave Helmly from Adobe has put together a
video demo of Premiere Pro 3.1.
Update Oct 24: There's more info on P2 workflow in the LiveDocs:
Import assets in Panasonic P2 formatAbout spanned clips from Panasonic P2 mediaExport to Panasonic P2 format- JonasLabels: broadcasting, cameras, shooting