Vertical Line problem (Not interlacing problem)

I don't see any vertical lines. I do see some horizontal banding; it looks like the kind of thing that's a known problem in Premiere Pro 1.5.
 
ahhhh yeah sorry, I meant horizontal. And, I am using PP1.5, it has been nothing but trouble. So, it is a known problem in Premiere? Does upgrading to 2.0 fix it?

Thanks for the quick response,

-Logan
 
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