Just thinking aloud here, seeing as panasonic have released the fz1000, I have 8gb of ram and an i54200m processor with premiere elements, would this be suitable to downsample a 4k file to 1080?
I'd go with ffmpeg, we use this all the time to convert 4k material to hd. I'd upgrade to more ram if possible, but your current setup should be fine, just don't expect it to do realtime conversation, you'll get anything but !
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