Has anyone used Premiere Pro CS4 with AVCHD files and then used Magic Bullet?

When I go to the MB interface, it doesn't show a preview of the image. However if I apply the effect, it does show up in Premiere. This means it takes awhile for me to find the effect I like, and I can't customize it easily since I have to apply the effect in order to see it.

Anyone else having this issue?

I'm having the same issue, although I don't think it has anything to do with type of files using as I had this working in CS3 perfectly with the same files. Pointing at CS4 at the moment.

I suggest to download the latest version MB 1.2; at least for me it works now with Cs4 Premiere
HB