Yes,
Thanks for asking. VASST/New Blue has just come out with AVCHD Upshift. It is a batch converter for AVCHD to .m2t. I believe the video is converted to mpeg2. When I try to bring these files into Studio, it gives me a single frame in the Studio timeline (and of course) m2t are not currently listed as supported. I would like the ability to edit .m2t (and import AC3). This would solve 2 problems - cpu performance with AVCHD editing and allow for DD5.1 importing (hopefully S12 will also be able to export true DD5.1 too). Searchign this forum will also show that there are users with HDV camcorders that would also like this functionality.
Thanks again for asking. Your interest is very much appreciated.