Okay, I’ll try that and see what happens and report on it. The footage came off the camera as MPEG2, which is giving me other headaches as well (apparently the audio channel is not recognized by Premiere); I will have to see whether or not there is a way to change encoding at the source.
But in the meantime, just so I am clear, is what you are suggesting encoding the raw footage to Photo JPEG, saving it that way, and then applying my effects? I think that is what I am hearing, so I am going to try it that way.
The final product needs to be .flv, and I confess I am a total newbie at After Effects. Once in Flash, I can swim, but for the moment, I’m just treading water.