Originally Posted by socalkev

Download the free trial for NeoScene from Cineform.com and convert the AVCHD to their intermediate AVI codec. The file size will be double to triple the original, depending on your quality settings, but the file will be a breeze to edit in Vegas or Premiere, even on an older computer - which can not be said for AVCHD editing. The new file will also be much easier to apply effects and color correction to as well, as it is a 4:2:2 file with roughly twice the color information as the 4:2:0 AVCHD file. It is well worth the 130 bucks if you are going to be editing AVCHD on a regular basis.