Prepping SD footage for a HD project

Hello everyone,
I have some SD footage that I need to place in a HD project.  I was  hoping to give you the details and see how you would prep the footage.
The source of this SD footage is a PAL DVD, and it's interlaced.  The  project time line I'm hoping to place this footage in is DVCPRO HD  720p60 in Premiere Pro CS5 on a PC.  Pillar boxing the SD footage is  just fine.  My eventual export format will be a Quicktime file using the  DVCPRO HD 720p60 codec.
I've heard Telestream Episode handles PAL conversions very well, but I  don't have access to that program.  My only options are After Effects, Red Giant's Instant HD plugin, Adobe Media  Encoder, Handbrake and MPEG Streamclip.
Given these resources, how would you prep this footage for this project?
Thanks for the help!
Mike Tomei

Includes Resizer 2.2
Following the acquisition of Digital Anarchy, Red Giant Software has integrated the Resizer plug-in as part of the Instant HD package. The filter offers great speed, a host of resizing controls, similar results to Instant HD and integrated deinterlacing controls, making the package an even greater value.

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    FROM     pa_draft_revenues r, pa_cust_rev_dist_lines l
    WHERE r.project_id = i.project_id
    AND      ((l.expenditure_item_id = i.adjusted_expenditure_item_id AND i.adjusted_expenditure_item_id is not null )
    OR (l.expenditure_item_id = i.expenditure_item_id))
    AND      NVL(l.reversed_flag,'N') = 'N'
    AND      l.line_num_reversed IS NULL
    AND      r.project_id = l.project_id
    AND      r.draft_revenue_num = l.draft_revenue_num
    AND (r.released_date||'' is not null
    OR r.generation_error_flag||'' = decode(:mass_gen,
    1, 'N', 'E')))
    union all
    SELECT /*+ LEADING(v)*/NULL
    FROM pa_events v
    WHERE v.project_id = p.project_id
    AND ((v.revenue_distributed_flag = 'N'
    AND v.completion_date
    <= NVL(TO_DATE(:acc_thru_dt),sysdate))
    OR (substr(p.distribution_rule,1,4) = 'COST'
    AND v.revenue_distributed_flag = 'Y'
    AND v.completion_date
    > TO_DATE(NVL('02-Aug-09', sysdate))))
    AND (DECODE(NVL(v.bill_trans_rev_amount, 0), 0 ,
    DECODE(NVL(v.zero_revenue_amount_flag, 'N'), 'Y', 1, 0),1) = 1)
    AND NVL(revenue_hold_flag, 'N') = 'N'
    AND EXISTS (
    SELECT NULL
    FROM pa_tasks t
    WHERE v.task_id is not NULL
    AND t.ready_to_distribute_flag = 'Y'
    AND v.task_id = t.task_id
    UNION ALL
    SELECT NULL
    FROM pa_tasks t1
    WHERE v.task_id is NULL
    AND t1.ready_to_distribute_flag = 'Y'
    AND v.project_id = t1.project_id )
    AND Exists (select null from pa_draft_revenues r,pa_cust_event_rev_dist_lines l
    where l.project_id = v.project_id
    AND ( l.task_id = v.task_id OR v.task_id is NULL )
    AND l.event_num = v.event_num
    AND NVL(l.reversed_flag,'N') = 'N'
    AND l.line_num_reversed IS NULL
    AND r.project_id = v.project_id
    AND r.draft_revenue_num = l.draft_revenue_num
    AND (r.released_date||'' is not null
    OR r.generation_error_flag||'' = decode(:mass_gen,
    1, 'N', 'E')))
    union all
    SELECT /*+ USE_CONCAT */ NULL
    FROM PA_Billing_Extensions be, PA_Billing_Assignments bea
    WHERE bea.active_flag = 'Y'
    AND bea.billing_extension_id = be.billing_extension_id
    AND (bea.project_id = p.project_id
    OR bea.project_type = p.project_type
    OR bea.distribution_rule = p.distribution_rule)
    AND be.calling_process in ('Revenue','Both')
    AND nvl(be.call_after_adj_flag, 'N') = 'Y'
    AND be.trx_independent_flag = 'Y'))
    Current system time is 29-JUL-2009 11:15:45
    ...0 projects processed for adjustments
    Current system time is 29-JUL-2009 11:15:45
    ...about to generate revenue for project id 35
    ...Fetching next project
    Current system time is 29-JUL-2009 11:15:45
    ...about to call pa_billing.bill_ext_driver( 35, 'Revenue', 'PRE', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:45
    ...exiting pa_billing.bill_ext_driver( 35, 'Revenue', 'PRE', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:45
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    ...Else loop 1
    ...else loop 2
    ...else loop 4
    ...else loop 5
    ...non_zero_amount
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    Leaving pauoarchn()
    ...Else loop 1
    ...else loop 2
    ...else loop 4
    ...else loop 5
    ...non_zero_amount
    Leaving pauoarchn()
    Leaving pauoarchn()
    Current system time is 29-JUL-2009 11:15:48
    ...generated revenue for project id 35, number DP700150.01
    ...about to call pa_billing.bill_ext_driver( 35, 'Revenue', 'REG', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:48
    ...exiting pa_billing.bill_ext_driver( 35, 'Revenue', 'REG', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:49
    List of error messages for project id 35 for Revenue at location REG
    Procedure Name Message B Assgn Id Task Id
    pa_billing_pub.inse Create a default event type for this Bi 1
    Current system time is 29-JUL-2009 11:15:49
    ...generated revenue for automatic events for project id 35, number DP700150.01 calling loc REG
    ...about to call pa_billing.bill_ext_driver( 35, 'Revenue', 'POST-REG', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:49
    ...exiting pa_billing.bill_ext_driver( 35, 'Revenue', 'POST-REG', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:49
    Current system time is 29-JUL-2009 11:15:49
    ...generated revenue for automatic events for project id 35, number DP700150.01 calling loc POST-REG
    ...about to call pa_billing.bill_ext_driver( 35, 'Revenue', 'POST', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:49
    ...exiting pa_billing.bill_ext_driver( 35, 'Revenue', 'POST', '02-Aug-09', 804880 )
    Current system time is 29-JUL-2009 11:15:49
    ...Fetching next project
    Current system time is 29-JUL-2009 11:15:49
    Current system time is 29-JUL-2009 11:15:49
    ...about to call AutoAccounting
    Current system time is 29-JUL-2009 11:15:49
    Current system time is 29-JUL-2009 11:15:49
    Current system time is 29-JUL-2009 11:15:49
    Current system time is 29-JUL-2009 11:15:49
    Warning in Flex Validation for line '35:353:1:1'
    Null GL# 50269 key flexfield is not allowed
    Warning in Flex Validation for line '35:353:2:1'
    Null GL# 50269 key flexfield is not allowed
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    ...returned from AutoAccounting
    ...about to update pe_expenditures_all for intercompany processing
    Current system time is 29-JUL-2009 11:15:50
    Entering parddl()
    ...setting error codes and bad code combination id to null
    ... Update draft revenues for marking autoaccounting error if any
    Current system time is 29-JUL-2009 11:15:50
    1 rows updated.
    ... Update draft revenues without generation error to normal state
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_cust_event_rev_dist_lines for setting bad CCID to null
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_events for marking AutoAccounting error if any
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_events for setting revenue_distributed_flag to 'N'
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_cust_rev_dist_lines for setting bad CCID to null
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_expenditure_items_all for marking AutoAccounting error if any
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    ... Update pa_expenditure_items_all for setting revenue_distributed_flag to 'N'
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated.
    Leaving parddl()
    Current system time is 29-JUL-2009 11:15:50
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated with Generation error due to ccid=-1
    Current system time is 29-JUL-2009 11:15:50
    0 rows updated with Generation error PA_REV_GEN_ERROR
    Current system time is 29-JUL-2009 11:15:50
    ...1 projects processed for revenue generation
    Current system time is 29-JUL-2009 11:15:50
    ...about to update proj summary funding amounts
    executing pa_billing.check_spf_amounts('B',35, , ) Calling check_spf_amounts...Inside the Single projects If
    Current system time is 29-JUL-2009 11:15:50
    ...about to generate reports
    Current system time is 29-JUL-2009 11:15:50
    ...completed generating reports
    Process completed.
    Start of log messages from FND_FILE
    End of log messages from FND_FILE
    Executing request completion options...
    ------------- 1) PRINT   -------------
    Printing output file.
    Request ID : 804880      
    Number of copies : 0      
    Printer : noprint
    Finished executing request completion options.
    Concurrent request completed successfully
    Current system time is 29-JUL-2009 11:15:50
    ---------------------------------------------------------------------------

    Hi Dina, thx for your response
    I have error "Rejection Error : Auto Accouting Error"
    There is Output :
    Project Num Revenue(Credited) Customer Agreement Rejection Reason
    DP700150.01 1 NOKIA SI( 1058) PKS-01/NSN/09 AutoAccounting Error

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