What version are you using , what are your sequence settings and how did you ingest?
CS4 Version: 4.2.1.
Sequence Preset tab: AVCHD 1080i30 (60i)
General tab - (all default settings)
Editing mode: AVCHD 1080i square pixel
timebase 29.97 frames/second
display format 30fps drop-frame timecode
video previews format I-frame only MPEG
The camera uses an SD card; copied files to folder.
Moved files into CS4 File-> Import -> Media
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The work-flow is correct. IIRC the Xacti series can give trouble with their video and audio format and may require some conversion. Search both here and in the PE forum and use words like Sanyo, Xacti and import to find information.
Ok thanks I will look around. Pity though; I have found that the Pinnacle, Corel and Nero editors all don't require any converting. I am most familiar with Premiere and would have liked that it "just work".
If I find something I will post it here. Thanks again.