Is it not easier to capture the whole tape with scene detection ON.
The deleting the clips you do not want from the harddisk.
You can do that in the Bridge.
You can mimic the Photo filter effect in Premiere by making a colour matte with the same colour of the photo filter, super impose, set Blending modes to Hue and drop opacity to 25%.
You have got the preview set at 100 it should read ‘fit’.
Also set the playback at full resolution and make sure your still is the same size as the sequence setting.
I think the font is too slim needs to be a bit fatter.
Some background info on text, ist for DV but also applies to HD. https://library.creativecow.net/articles/hodgetts_philip/titles.php