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I have recently purchased a CANON VIXIA HF100 and the software that comes with it is just garbage. I will be recording mainly in the 24P format and need a program under $400 to do basic editing...nothing fancy, no effects needed. The main problem is the MTS or MT2S format that the camera uses. The only program that I can find is Sony Vegas 7, but I have an old version of Vegas and found it more that difficult to do just the basics. The software also needs lossless (near lossless) rendering and the ability to output as AVI or MPEG-4 if possible. ANy ideas from a pro?
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