Premiere CS4 and AfterEffects 6.5, will it work??

I have premiere pro 1.5 and after effects 6.5.  I now have a HD Sony camera and need to upgrade to premiere cs4.
i really don't use after effects all that much but hope too.
will the old after effects be useable with premiere cs4 or just a memory??
thanks for any insight you can provide
cheers
brian

After Effects as a stand alone program will still be plenty usable (assuming it supports the media from your new camera).  What you won't get is Dynamic Link.

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