My research on Adobe Premiere is leading me in this direction:
1. Premiere has issues with DVCProHD, which I work in and will soon distribute;
2. Since hardly anyone uses Premiere, it is very hard to hire freelancers to edit in it, which we do on occasion.
3. Reports of bugginess, especially when you start tying a bunch Photoshop, Illustrator, AfterEffect and Premiere bits into one project.
For some things Premiere sounds like a handy tool, especially if working in a non-TV aspect ratio. If I ever get a free day to experiment, I may break out a demo.
Much thanks to the forums at Creative Cow.