RED camera support for Production Premium!
So, RED recently announced a plug-in for Premiere Pro and After Effects CS3 that will enable NATIVE R3D support in these applications. This plug-in is just a "first step" towards a full native R3D workflow, but it's pretty exciting.
My friend and coworker, Dave Helmly, has a wonderful write-up on this initial (beta) release of the RED plug-in here: http://blogs.adobe.com/davtechtable/2008/08/new_red_camera_adobe_support_1.html#more