Avid now supports native AVCHD editing with their Pinnacle Studio Ultimate Version 11. It is available now from Amazon for 74.99, after rebate.
Both Avid and Adobe have pledged support for AVCHD, I hope Apple will soon. I purchased a panasonic HDC-SD1 and have archived lots of AVCHD files I’d like to edit. I’ve ordered Pinnacle so I can do this. I’ll archive all the results for future use with FCP (I HOPE!).
I bought the camera for its size (fits in a coat pocket while skiing), three CCDs, and psuedo HD format. It’s my first jump into HD, I’ll likely be purchasing another prosumer camcorder which supports real HD soon.
Hank