Premiere is OK for the task at hand ... I used it a lot too. It depends on what you want to accomplish.
Nowadays, if I just want to have the raw video (not for editing mind you)I just leave the Windows Movie Maker ripping and encoding to WMV.
26 hours of video (depending on your computer) will take 30-40 hours to capture and compress.
It seems you're talking about adult videos (this is GFY after all)... if you're producing an indie feature, my advice will be a bit different
