Converting to hdv for pro 1.5?

I have a video from the local news station that is
a HD mov file. I need to edit it in my premiere pro 1.5. I know it has limitations on HD editing, but it has projects
for HDV 1080. But it won't let me import the footage without shutting down. What do I need to convert my file to before premiere will accept it as HDV 1080?

I have NOT used the products below, I only forward due to other mentions
$99 http://www.corel.com/servlet/Satellite/us/en/Product/1175714228541#tabview=tab0
$99 http://www.womble.com/products/mvw.html
$90 http://www.magix.com/us/movie-edit-pro/ plus $5 Ship
$80 http://www.nchsoftware.com/prism/index.html
$75 http://www.videoredo.com/en/index.htm
$70 http://www.nchsoftware.com/prism/index.html Converter
$40 http://www.daniusoft.com/dvd-ripper.html#135
$40 http://www.deskshare.com/dmc.aspx Digital Media Converter
$20 http://www.topsoftwareol.com/product/Video/Video_Converter_Standard.html
$00 http://www.dvddecrypter.org.uk/ or http://www.mrbass.org/dvdrip/
$00 http://www.squared5.com/ MPEG Streamclip Converter
$00 http://www.erightsoft.com/SUPER.html Multi-Converter <-- supposed to be very good
$00 http://www.virtualdub.org/ Mpeg to AVI Converter

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