Is it possible to import from professional camcorders?
Let me explain the situation. Like many other persons, I learned filming at a community television station. I learned filming by using a camcorder which cost 10,000 dollars and used DVCAM tapes. Quite expensive camcorders are popular at community television stations and other places where many people learn filming and borrow equipment. I can borrow a 50,000 dollar HDCAM camcorder without paying anything.
And very expensive camcorders are sold second hand. A few days ago I saw an ad for a digibeta camcorder which I guess was about ten years old. It cost "only" a few thousand dollars. The high bitrate should make it ideal for digital special effects.
What I mean is that expensive camcorders are within reach for many film makers. So I am interested in using Premiere Elements with such a camcorder.
You will not likely be able to edit DVCAM in Premiere Elements. It's designed primarily to work with consumer formats, like miniDV, HDV, AVCHD and some DSLR formats.
A $15,000 camcorder really needs more than a $100 program. You'll be better off spending a few hundreds for some professional editing software, like Premiere Pro.