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They both work with the mac. Premiere handles the .mts best without encoding.

the 150 gives you a slight bump in lowlight performance for a big bump in cost.

I think you need a recent version of premiere though. I'm on CS 5 and it's all good. Use VLC to watch, premiere to edit...

Also worth noting, your computer needs to have some balls to play HD vid cleanly. Unfortunately my current computer isnt even close. The picture lags and then freezes when I try to watch it. However, when I plug it into my HDTV with HDMI cables......It is bitchin!

Yep, my old computer was the same. To edit I copied all the HD files to a new folder with the same name, but in a much smaller resolution. When you've finished the edit with the small res files simply replace them with the full res HD ones and render...

 

How does one go about changing the resolution?

Try Toast Titanium. I have it and love it. Converts .mts files very fast and easy so that imove can recognize them.

I used imovie 10 and could not do it since it is avchd, as soon as I upgraded to imovie 11 it would accept avchd files. Just my personal experience...

On my PC using quicktime pro I could just open the MTS and save as .mov, in the settings I could change the res to 1/2 size or whatever would play on your machine.

I've just changed to a mac, however, and can't open the MTS in quicktime for some reason, though I don't have to as my machine has the latest processor and 8 gigs of ram, so I can edit MTS raw in premiere CS5 no problems.

I'd suggest finding a program to convert the MTS to quicktime, and when doing so do it a more compressed 1/2 res format. Edit in that (though with your project setup as per your high res files) then swap your files over to render. Your half res files will obviously only fill half the screen as you're editing, just scale them to screen size, then delete the scale transform before you swap to your high res files.

Not sure what program is best for exporting .MTS, just search some video editing forums and you'll find something free and good. Try the one mentioned a few posts up maybe?