Editing AVCHD and DSLR Video in Premiere CS5

Here is the link to the Hi Def record of the Connect Session where I go through in detail (about an hour) how Premiere Pro CS5 handles tapeless formats recorded in AVCHD such as from the Canon 5D mkII and the 7D as well as how the Mercury Playback Engine allows realtime playback of this footage as well as how it handles realtime effects in full HD with hardware acceleration.