There is a great review that has just been posted at DMN about using HDV in Adobe Premiere Pro 2.0. What I like is the fact that the reviewers looked at the project from the aspect of the DV workflow, something that most people are already used to and understand. Tests were carried out with HDV in the same way that one would grab the standard MiniDV camcorder and connect it via Firewire.
Thankfully, Adobe Premiere Pro 2.0 handled the HDV very well on the test computer, which was an Adobe OpenHD certified Dell Precision Workstation 670. Workflow was almost the same as DV with minor hiccups along the way.
Summing up, Adobe has done an excellent job of creating a user-friendly HDV editing application, and makes matters even easier with its OpenHD Alliance, in which the company teams up with Dell and its high-performance Precision Workstation 670. It’s hard to believe that for little more than $5000 including workstation and software, you’re able to edit high-definition footage, add a variety of effects, and make the round trip back to HDV tape without a lot of waiting around. This is HDV at its lowest cost, with enough speed to ensure that it’s still practical. If you’re in a really big hurry, you might want to spring for additional hardware to make the process even faster. However, Adobe OpenHD Certified Solutions along with Adobe Premiere Pro go a long way toward democratizing high-definition video editing. Highly recommended. 9.2 stars out of 10.
If you are looking at buying a complete system for HDV editing, or are interested in how the HDV workflow compares to the DV workflow, I would highly recommend taking a look at this article.