Your project settings must match your camcorder's video specs in order for you to get the best quality with any output, Alfons.
Is your video coming from a tape-based HDV camcorder? If so, your project should be set up for HDV video.
I have two camcorders. One is a HDV-camrecorder and the other is not a
HDV-camrecorder and I mix files from these two recorders when I produce
outputfiles with Adobe Premiere Elements 4.0.
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If your video is from a tape-based HDV camcorder, you will get the best quality -- no matter what you output -- if your project is set up for HDV video.
I have recently completed 9 Export to Tape and Blu-ray Discs using Premiere Elements 4 (using the H.264 and HDV/mpeg-2 codecs) all were broadcast quality as seen on a split screen Sony 1920 x 1080 46 ". Even the non tape based Canon 5D mark II H.264 mov clips incorporated were perhaps slightly better than the Canon HDV Camcorder only because of the superior nature of the 35mm EF IS Lens used. Incidentally I use Premiere Pro to edit and go to Pro Tape but use the mt2 file generated by PP to go to blu-ray disc, it is a simpler process.there appears to be no loss of quality .