Premiere Pro CC 2015. I have FCPx but I have never tried to like it. I'm sure if a paying client was to throw some money at me to do their work in FCPx, I would bite the bullet, but otherwise I remain a h8tr. 🙂
I have not noticed anything with the current time indicator, but then again I was not really looking to see if anything was odd. Maybe ignorance is bliss? 🙂
On another front, I'm wondering if you might be able to answer a Q... I seem to be limited to 4 concurrent unrendered streams of 4K on my timeline with relatively smooth playback even though I get the yellow drop frame indicator. Adding a 5th stream and everything goes choppy. You noted my setup and it's pretty well maxed out. I'm curious what further changes could be made to allow me to have additional 4K streams in the timeline when building composites? I have assumed it's the cMP showing it's limitations somewhere in the data flow architecture.