Maybe not the right terminology. But in premiere 1.5, is there a way for premiere to look at a big chunk of video, then split it up into sub-clips automatically (understanding where the cuts are)?
If I'm not mistaken, when you capture footage through a firewire, you can have Ppro identify clips. they are put in a folder or bin as seperate clips even though it was one single capture. Check your capture menus, because i could have this mixed up with another editing program. Update: I checked and it's called scene detect.
-dvxwheelr
You can use Scene detect as you capture with PremPro (also needs timedate stamp info on clip) but with Scenalyzer you can do this to a video that has already been captured.