Don,
Matrox Axio with Premiere Pro has announced that it can handle HDV native now, but its a very expensive solution.
I’d advise that you keep your eyes and ears open, cuz editing native HDV isn’t all that its cracked up to be in all situations. After doing a great deal of homework on the subject, I’m convinced that converting to DVCPro 100 at some point during editing is the best way to go. I will most likely edit my next project HDV native, but then I plan to convert the finished cut to DVCPro 100 before rendering all final titles and effects.
DRW