“If rendered, what format is the preview set to?”
I am not sure exactly what you are asking. I am importing a series of 1280 x 720 targas. When I create the sequence, I have tried both ACVHD 720p and HDV 720p. I get roughly the same results with both. When I export, I check match sequence settings which gets me an mpeg render.
When I place the still sequence in the timeline, I get the yellow line meaning that I dod not need to make a preview. I was hoping there was some setting that I could just to create a preview that I could handle. When I look at the preview settings, I only have one choice: I-frame only mpeg. Why doesn’t Premiere give me more options for to make a suitable preview?