The edits will still be there. C1 has a catalog, and sessions. You can import into the folder of your choice, just as you would with Lr, but it also keeps track of the "sessions/imports" separately. So if you shoot the same location 5 days in a row, and keep the images in the same named folder, then C1 will still keep them separated by shoot date in it's catalog. So you can either go to the folder to all the images, or the shoot date when looking for specific images.
forum: Sony Cameras
I'm not a big fan of the sessions, mostly because I'm ignorant of how it works. Not a fan of that folder structure because I can get lost in it, I do keep my structure very lightroomish. If I shoot multiple events same day, I'll import partial then rename, and import again.
I've gotta have dates on my stuff, super readily available, like lightroom. Here's my import preset to make that happen