I purchased the whole Adobe Suite....
I hate Premiere Pro. I use the earlier versions. Pro was a waste of my money.
I also hate Photoshop CS. I usually do all my work in Photoshop 7 and then slice in CS and export to Image Ready CS. None of my 3rd party plug-ins work in CS.
Fuck Adobe's new CS line
Find yourself a new cheap early version of Premiere on E-Bay. Make sure its legit and you'll be all set. Just do your research and make sure it supports your capture card.