Premiere Pro 2014 Cannot Handle Medium-Sized Project

Dear Adobe,
I just got back from filming 2 projects in China and wanted to start organizing my footage.
I started in Prelude, thinking that would be a great place to start, but it was SO SLOW. It took a full day for it to just register all my files for one 3.5 TB project. After that it kept crashing when I scrolled through the files. When I see your tutorials the projects you "display" have maybe 20 files. I've got 6,000.... did you test for real world scenarios?
Now to Premiere:
I got fed up with Prelude so I brought the folders into Premiere and figured I'd just do my best to organize directly in the NLE. Its a nightmare! I was able to start, but the moment I switched the playback engine to CUDA, instead of Software, there was no refresh in the monitor window. I cannot scrub footage or anything. The program often freezes up for minutes at a time when I try to select a file.
I am running a very powerful computer that has NO issues running other software, including Premiere Pro CC. That said, I just started a new project, loosing a whole day of work doing so, to revert back to CC from your 2014 release.
I am a fan of your Suite, but you seriously have to vet your programs better before releasing. It is embarrassing that Prelude is so clunky and Premiere 2014 cannot handle a simple switch in playback engine. I even restarted my computer and the program numerous times to give it a chance to "find itself," but still nothing.
Can someone please acknowledge this? I've read a number of posts stating very similar situations - that any decent sized projects choke Adobe's software.
SYSTEM:
OSX 10.8.4
Dual Xeons 2.5 GHz
64 GB RAM
Dual GTX 580s (3 GB RAM each)
12 TB internal array
4 TB LaCie (eSata) with raw footage
256 GB SSD dedicated for OSX
Thanks for any help you can offer!

Hi Benjamino5,
There is no backward compatibility in Premiere Pro. It's not ever been a feature. The only way backward is by using XML but it sounds like you had problems with that. Please let us know your specific issue here: http://adobe.ly/ReportBug
I was speaking about forward compatibility. A number of people have had problems updating the project file with this version. While it should not cause too many issues, it is a general rule of thumb to never update your project file to a new version part way through a project.
It's rather unfortunate that this formerly hardcore stance (to not update project files until done) has been forgotten or is simply not known to many editors, both new and old. Updating a project file should never be done unless absolutely necessary. As a former instructor, I would make sure that all my students were aware of this potential project killing issue.
Backward compatibility is a long standing feature request. Make that in the same place as the bug report. Hope that helps.
Thanks,
Kevin

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