Yeah I remember seeing that thread last summer, I was kinda hoping it'd get an answer...
Is there an evaluation version of PPCS5.5? Maybe I'll try it and report back.
I've actually got about 8 hours' 1080/60p + 5.1 footage from a Panasonic TM900 as well, and a couple hours from a Canon G10... depending on the nature of the older question, I might be able to shed some light.
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The 50 hours+ may be a problem, so it may require splitting that up into multiple projects. The source material is no problem and everything you want can be done. Your hardware will likely be taxed heavily, so do not expect miracle response times.
Loading a 6+ hours AVCHD 1080/60P with 5.1 sound is no problem here and doing everything you like to do does not cause any problems, both with CS5.03 and CS5.5.2, but the length of 50+ hours is going to be problematic.
Thanks Harm, that is great news. I'll go with max project times of 3-4 hr to keep it manageable, maybe add a couple fans to the PC for the heavy lifting coming up.