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[CS5] Project Manager Trimming not supported for HDV footage?

Update:11-30Source: network consolidation
Yes, I have the licensed version of CS5 Production Premium.
The Premiere Pro "Project Manager" allows you to create a "trimmed" version of your project. That is, only the footage actually used in sequences (along with some handles) is placed in the new, trimmed project. For example, I have a project which uses only 1 second of an 11 second HD Quicktime clip.
original project folder which includes the clip = 352MB.
trimmed project folder is = 26MB
My problem is with a similar project using only a small portion of an HDV clip (M2T):
original project folder = 232MB
trimmed project folder = 232MB
There is nothing I can find int the Adobe help file regarding limitations for HDV files with the trim feature. This problem is not limited to CS5. I experienced it also in CS4 but resolving it was not a priority at the time. But I now have a large number of projects I wish to archive.

The Best Answer

Jeremy, I am assuming that this is harder to solve, because it gets into Premiere and/or the mainconcept codec being used, not providing smart rendering.  You can't just take the middle of an mpeg clip without rendering.  Premiere could do this, but there would be a quality hit.  Is there any chance we will see a more sophisticated approach to mpeg inside Premiere?  And I am also interested in whether the long gop formats are/might be addressed differently from others.
Todd, here is the CS5 help file that should have this. .html
And it does not.
In earlier versions (I'm still CS3, and I think it was CS3 in which there was this discussion), I found that you could not work around this by creating a subclip.  In fact, the original full clip would be repeated for each instance of the subclip.
If someone adds a comment to this help entry, and it is a weak attempt, do you edit the comment so that the help file is most useful?
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