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Nydahl & FoundrySteve, there is actually no Premiere 7.0, it was called Premiere Pro 1.0 upon release and the newest version is now Premiere Pro 1.5.1
And FoundrySteve, you should be able to make MPEGs of any size and quality no matter which editor you use. You shouldn't have to change editors to make a specific final output format.
And of course this begs the question, why the hell are you guys (and everyone else that posts questions like this constantly) trying to edit MPEGs into trailers? Is the original footage in DV AVI format not available? Editing MPEGs is never a good idea, it's a final output format and will never really look that great.
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