Hey and thanks for responding, guys.
I was up all last night trying different methods between the XLH1 camera and Premiere CS4 to make both SD and HDV footage capture possible from the XLH1. I was finally able to get it to work both ways.
Firstly, there is a plug-in available from Adobe which adds some RED camera codecs. I didn’t see how this could have affected anything, but I downloaded it anyway. I was then able to capture SD footage from the XLH1, however, here is the trick: Premiere will not switch capture methods and display footage within the capture window.
To switch from HDV capture to DV capture you must open the capture window (F5), select the settings tab, and set the capture format to DV. Turn off the camera, and close the capture window in Premiere. Now, turn on the camera and open the capture window again to and you will be able to import DV footage from the XLH1.
Strangely enough, I had tried this exact same thing several times before downloading the RED camera plug-in to no avail. So, I would wager that this is also a necessary procedure. I was prompted to download this plug-in upon launching Adobe Update.
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