Taking an AVCHD file and importing it into Premiere Pro CS5.5, can I edit this and then either export the sequence or link to Encore CS5 (or Encore CS 5.5) with only the changed points (example cuts) transcoded? So for example a 25 GB AVCHD file with one simple cut only transcodes a second or so (if that) rather than transcoding the entire 25 GB file? (also taking a couple hours rather than a couple of days to complete the task)
Same question for standard DVD VOB files.
I currently use Womble to edit because Premiere Pro 5.0 wants to re-encode VOBs, when editing in womble I can get Encore CS5 (usually) to "Don't Transcode."
For AVCDH I have to use Corel Video Studio Pro (lots of audio sync issues come up with this) for the same reason as above.
Premiere Pro does not offer this functionality natively. All temporally compressed media will get retranscoded.