No with a capital NO!! Just got off the phone with Adobe Tech support and there is no way to natively import footage from my PDW-700. Very frustrating because if you talk to sales, they’ll tell you it supports XDCAM HD, if you look at the presets it says it will support XDCAM HD. Tech support says they may support it in next upgrade but for now I am screwed. Basically I have a $3000 doorstop that is going obsolete by the minute, as I built a Quadcore system to exclusively support my PDW-700. Very frustrating. Yet another reason to stick with Final Cut. Dragged some footage into Final Cut,edited it, exported it and watched the spot run last week on all 4 networks. Looked beautiful. Shame on you Adobe, you let your marketing guys promise what your software developers can’t produce. Thanks!