[Michael Gibrall] “Is there really a difference if I render as an m2ts or avc?”
Yes, one is encoded with MPEG-2 and the other is encoded with AVCHD. Two completely different codecs.
[Michael Gibrall] “I’ve watched blurays of the same film compiled both ways, and don’t notice a difference.”
That’s because MPEG-2 @ 25Mbps is about the same quality as AVCHD @ 16Mbps. So they will look the same but you can get a whole lot more AVCHD on the disc because the files will be smaller due to the lower bit rate needed to achieve the same quality.
[Michael Gibrall] “Is there technically a difference, and is one format more compatible than the other when it comes to BD-R playback?”
There should be no compatibility issues, Blu-ray supports MPEG-2, AVC, or VC-1 video encoding.
~jr
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