I'm exporting an audio timeline from Avid to an AAF. I chose to copy and convert all the audio media into .WAV files, to place on a new harddrive and to provide a readable format for Premiere/Audition; (I read that Audition doesn't import AAF, but Premiere does, and can transfer to Audition.)
Importing this AAF into premiere seems to work - it apparently links to the media and uses the AAF edl to create a new sequence, but before the import is successful I get the error message:
"Fire Import Failure
This project contained a sequence that could not be opened. No sequence preview preset file or codec could be associated with this sequence type."
What I don't understand is that this apparently refers to a premiere project sequence - prproj. Why is Premiere having trouble importing an AAF created from Avid?
Using Premiere at school, I can import the AAF just fine. I'm using Premiere CS5 at home.
Try installing the Avid software codecs on your home machine.