More and more people have their own Camcorder to record their life, family parties and something important to them.
But there are some problems when you:
1. When you want to edit them in Windows Movie Maker or some other edit software
2. When you want to put them into your portable media players, such as iPod, iPhone, Zune, Creative Zen and so on
3. When you want to watch them on some HD video players, such as Xbox, PS3, Apple TV and so on.
4. When you want to share your videos with your friends on youtube, myspace and other online video website.
All the problems' reason is the video format, MTS.
The video format of your HD Camcorder is MTS, and it is not supported by almost any video editing software, PMP, HD video Player and youtube.
So you have to convert it to common video formats.

Tip 1: Some knowledge about MTS, M2TS, TS

MTS format is a high-definition MPEG, AVC, H.264 transport stream video file format which commonly used by HD camcorders such as Sony, Canon, Panasonic, JVC. etc.
.MTS files are used primarily with Sony hardware. Camcorders make use of MTS in the form of AVCHD, a format for recording and playback of high definition video.
M2TS is a Sony high definition video file type. M2TS files are raw AVCHD videos recorded using Sony's camcorders, such as the HDR-SR(xx)series models. Panasonic, Canon and other brands of AVCHD camcorders also record in M2TS format.
TS (Transport Stream) is a communications portocol for audio, video, and data. It is a type of digital continer format that encapsulates packetized elementary streams and other data.

Tip 2: How to solve the 4 problem above.
It is easy to imagine that i met those problems when i got my first HD Camcorder. But now it is really easy for me to solve those problems.
The most important thing is convert your MTS file to other video files.