Does Premier have the same problems as Vegas when it comes to the colorspace of HDV? Thanks.

To which problem are you referring? I'm not aware of any "color
space" problems with Vegas and HDV. Which HDV instance are
we talking about? Is this in .m2t or in one of the helper programs?

Maybe he is talking about the colorspace used by the NLE...for example Premiere 6.5 used RGB and Ppro uses YCbCr and you have to go through a conversion.....I just don't know if Vegas works in RGB....BTW YCbCr is the digital representation of YPbPr and is a much better color space than RGB.