I was kindof assuming that it would be the same for mid to smaller sized movie/tv studios as well, but at the same time I wouldn't be surprised to learn that you can get a plugin for Premier or whatever that does it.
I know for a fact that there are many largish advertising agencies out there who have fileservers with hundreds of ProjectName01, ProjectName02 etc style directories.
Why do you think apple brought "Versions" or whatever its called in with lion?