S log clips into Premiere CC2014

Question

Any one editing footage shot as S Log in PPro CC2014?
Wondering how you are handling that as a workflow and how Premiere is managing it. eg realtime, renders?.....issues?.
Are you applying a LUT ? when , where...
Anyone go the  path to the LUTs in PPro CC 2014?

Answer 1

CODEC's, though the "building blocks" of AV files, are rather odd things. They provide first, and foremost, a way to Decode the AV material. Then, they often offer a way to Encode to that CODEC, for Exporting/Sharing a file. Last, and least, they allow an NLE (Non Linear Editor) to be able to actually edit that material. Note: some NLE's work with some CODEC's, that other NLE's cannot touch.
If we just pull figures out of the air (seat of the pants experiences), I'd be inclined to think that with a CODEC you would get the following:
Decode for playback only - 99%
Encode for Export/Share - 50% (dependent on the editing program)
Decode for editing - 15% (and highly dependent on the editing program)
This is one reason that users get fooled, when they can play perfectly, an AV file, in say Windows Media Player, but cannot edit that same file. It goes double with some other players, like VLC Player and MediaPlayer Classic HC - both contain many CODEC's in their code, so one usually does not even need the proper CODEC installed. Playback is no guarantee that any NLE can edit that AV file.
For more background on CODEC's, this ARTICLE might be useful.
Good luck,
Hunt