Curious if there was a python script to make this conversion.
I think this can be done with EDLs but not XMLs?
ooof - editors - can’t live with 'em - can’t fix 'em with python…
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The only thing I can see is creating a new 23.98 timeline in premiere, then copying the segments from the 29.97 timeline into a new 23.98 timeline.
Then turning off the timewarps from premiere. Might have to eye match a few but might save some time.
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Either copy/paste method you mentioned above (which is pretty easy and not too painful) or reformat the sequence before linking the media (if you do it after linking, you’ll have a bit of a render).