Default transitions issue and color problem in 2021
Premiere default transition not working as expected. And this issue has not been solved for 9 years. You can see this issue when you do this:
1 Create some text on top of some video
2 Apply default transitions on text layer
Now go on timeline in the middle of this transition on text layer. Transparency should be there 50 percent, but it isn't. Default transitions in Premiere appear ugly and fast and making them longer doesn't help. With white text I have found that I can use screen transparency mode to fix this transition. But for colour graphics I have to use After Effects instead. Very frustrating.
Another issue is with Canon RAW files in Premiere 2021 - You can see this on images I attached.