Thanks for the info guys. Ryan this is what they sent me. This is recommended and not necessarily a fixed requirement.
For HD (High Definition) files:
Bit Rate: 50Mbs
Resolution: 1920x1080i, Interlaced
Frame Rate: 29.97fps (constant)
Recommended Codec: H.264
Audio: Stereo/48Khz
This is a small project and I will be shooting AVCHD 24mbps. I am not sure if it makes sense to output at twice the bit rate of what I am recording! Will there be any quality difference, or should I just output at 24mbps, which is what the camera records.