This question was kind of driving me crazy, as there didn’t seem to be any clear cut answer anywhere on the web. So here it is…
Custom Bins simply store shortcuts to presets.
Preset Bins actually store the presets.
I mean, they’re both containers for data stored elsewhere, but this is how they function within the Premiere interface: one holds links, the other holds the actual presets.
Thus, Custom Bins allow you to organize presets while leaving them in their original location, which is useful when setting up a bin for commonly used presets.
Preset Bins are great for holding presets that are project specific. For instance, I’m currently working on a project with some pretty bizarre color balance and level settings. It’s not likely that I’ll ever use them on another project, so I’ve set up a Preset Bin named with the title of the project.
On the other hand, I use things like Cross Dissolve, Reverb, Brightness/Contrast, Colorista, and Exponential Fade in most of my projects. Thus, I’ve set up a Custom Bin named “COMMON” with those effects in it.
And now you know.
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