I'm in a similar boat -- editing family video recorded on Hi8 and captured into DV with a Canopus ADVC-300. I typically have a 2 hour clip in the timeline. I'm separating these into clips with the razor tool, but sometimes I want to remove a garbled few seconds from within a clip.
Today I discovered something nifty: in Keyboard options, there are two items that don't have a key assigned:
- Application->Ripple Delete->Ripple Trim Next Edit to Playhead
- Application->Ripple Delete->Ripple Trim Previous Edit to Playhead
I assigned these to the Shift+] and Shift+[ keys. Premiere didn't warn me about these keys being assigned already, so I guess it's ok. At first, I used '}' and '{' but I'm afraid that it is too easy to accidently hit them.
When I play back in the timeline, at the start of the garbled area I want to remove, I hit Ctrl+K to add an edit point (the "out point", I suppose). Then I continue playing. When I reach where I want the video to resume, I just press Shift+[ and Premiere ripple-deletes to the edit point.
This does leave me with an edit point, though. I have yet to figure out how to splice the two clips together again.
I'm sure the pros won't like this, but I find it makes things easier.