The recording quality settings are only for analog signals. If you are using the premiere with a cable card or for OTA, you have a digital signal and those settings do nothing. But to answer the question, yes, there is a noticeable difference between quality settings. Some would argue that the difference is very great and others would say it's noticeable, but not significant.
discipuli nostrum bardissimi sunt.
- Assuming based on evidence is not the same as knowing.
- If you want to argue with me at least use some actual facts instead of making it up.