Charlee,
Your’s is the only response to this post. I have started looking at Adobe Prelude as a logging tool. On first glance it seems to mimic the log & transfer in Final Cut Studio 7. It will transcode, allow you to rename, and organized the transcoded files into folders. Again, all well and good, but for me I enjoy working with AVCHD files without transcoding.
I have found that if I rename the file in Premiere, the properties of that file will reflect its original name and location. Not ideal. And I must be very careful how I archive the project as well.
Best,
Greg