Using the Fast Color Corrector
Here’s a nice tutorial for using the Fast Color Corrector in Premiere Pro from the folks at Lynda.com:
The Fast Color Corrector is one of the 30+ effects that are GPU accelerated in CS5, so with the right Nvidia video card in the system, you can use it tons of times in the timeline without ever rendering. Even if you don’t have a recommended GPU, such as in a laptop, the Fast Color Corrector is, well, fast. It works great on my laptop with DSLR footage, and in most cases, I still don’t have to render a preview file to see full frame rate.