I don't find the need to transcode footage all that frustrating. Yes, the lack of support by Adobe is annoying and you'd think (hope) they would be supporting this camera by now but AME does an efficient job of getting my footage into ProRes 422 HQ or DNxHR HQX. I can convert on my iMac (27-inch 3.5 GHz i7, 32GB RAM, 4GB VRAM) at about 2x speed. Then I have a working, hi-res, 10-bit master that I can bring into Premiere or Media Composer. Maybe it's my years of needing to transcode DSLR footage that not immediately having Premiere or AMA support isn't a big deal.