Thanks everyone for posting comments.
I own the “original” Premiere Pro (version 7.0). If I update to Pro 2.0 I should be able to avoid having to break out the audio by using this new feature in the project window? Kind of silly that it’s 2006 and Adobe still can’t do something basic like add a sync lock to audio tracks in the timeline. You have HD-DV now but no sync lock. LOL.