I'm lost, but the recommended work flow is to export using an H.264 Blu-ray preset, which will not require transcoding in Encore.
I just opened up Encore and on my wedding that I encoded from Premiere Pro in Media Encoder then brought into Encore by going to Import ------- as Timeline ---- It says "UnTranscoded" in the Project panel where all of my other assets are.
Should that file be "Transcoded" already?
When I exported it from Premierer into Media Encoder I used H.264 Blu-Ray, PCM Audio and all I did was change the Target and Max Bit Rate settings.
Why is it not already "Transcoded" when I imported it into Encore.
Be sure you are looking at the Bluray transcode status, not DVD, which occurs further to the left in the project panel andis often the only one of the two visible without scrolling or expanding the project panel.