I got to some test shooting with my recently purchased (used) HF100
and discovered Vegas 7 pro doesn't read .MTS
... so I'm thinking Vegas Movie Studio HD Platinum 11 might be the quick and cheap answer.
Will Vegas Movie Studio HD Platinum 11 allow me to use MTS on it's timeline and then render that
to .avi with Lagarith so that I can use the footage in Vegas 7 pro?