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MTS files in Premiere Pro
I am using Premiere Pro CS5 to edit native.mts files. When I import the files it says incorrect format. However they do import and I can edit them in Premiere. They are all unrendered however and very slow to work with. Can someone help me out with a good workflow. Of course I could transcode the files but this is time consuming to and I nned to purchase 3rd party software to do that. I am running Premiere Pro on an iMAC. Is it because my system is too slow to deal with these highly compressed files? Does CS 5.5 do a better job.
Thanks for any help,
Adam