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Premiere and elements are 2 different programs and have no effect on each other. you can have both on your computer. Elements is more of a consumer program, but it will support different video formats such as mpeg more easily than premiere. Premiere is a more professional program but only likes dv-avi type 2 video. other people here can give more insight on hd video than I.
A purchased version will likely get rid of any watermarks.
I was under the impression that you could open an Elements project in Premiere Pro (but not the other way around). I could be wrong. Anyone know for sure?
> was under the impression that you could open an Elements project in Premiere Pro
You can but if the elements project has any media not supported by PP then PP will just show it as offline (eg MPEG2 with AC3, MP4s etc) and you will have to render it out of elements.
Just tried to open a PP project with elements and it's a No No. (and renaming the pproj to prel just got me a crash)
Thanks everybody. That is what I thought...I just wanted to make sure I was on the right brainwave...