I'm having a hard time getting many opinions on AVCHD and iMovie '09. I wrote a similar post in a smaller area of this forum and figured that I would hopefully get more advice from AVCHD camcorder users here. I have a 5-year-old Sony HD camcorder that uses tape. It's a pain-in-the-ass to use because if I shoot an hour of footage it takes an hour just to transfer it from camcorder to iMovie. It bugs the hell out of me. I want to move to a new Sony CX550V AVCHD camcorder for the simple reason that I want to cut that initial transfer time out completely. I want to simply drag my footage into iMovie, edit it, then burn to DVD or upload to YouTube. Now I have heard horror stories about the way AVCHD behaves on a Mac. However, I am hoping that iMovie '09 will be able to work with the camcorder I am looking to purchase. I do know that it is compatible according to the Apple compatibility page. I need to know all the ins-and-outs of using AVCHD and iMovie '09 before I decide to buy this camcorder. Here are my questions... Now, can I simply drag and drop clips from the AVCHD camcorder into iMovie? No waiting. No fuss. I understand iMovie changes the codec. It probably does it to the tape system I am using now. However, I am interested if there is any video degradation at all in the transfer from camcorder to iMovie (before final compression). Since the files are AVCHD would the the degradation be WORSE over what I am getting with the tape system or it will remain the same? I just need a basic answer as to what my iMovie experience will be. I want to drag my clips to the software, edit and add titles/effects and then either burn to DVD or (more often) upload to YouTube in the H.264 format. Thank you so much. This is a very important purchase I am considering. Should I go ahead and buy the Sony CX550V?