Panasonic HC-V500 is one of the latest HD MOS camcorder. Lightweight, compact with a black finish encompassing a powerful 38 x optical zoom lens (50x advanced zoom) and a Full 1080P resolution. Blur free hand held images aided by the inclusion of the Hybrid OIS (optical stabiliser). The Panasonic V500 also features a 3.0" LCD 230K-dot, AVCHD recording and a 3 Megapixel still image recording. The HC-V500 Black has dimensions of just 52.5 x 65 x 119.5 mm, weighs only 227g, and SDHC / SDXC memory cards compatibility. Storage of up to 20mins of footage on a 4GB SDHC card. The HC-V500 offers widely-praised 1080/60p mode, and stores videos in .mts format with MPEG-4 AVC/H.264 compression.
Final Cut Pro 7 is new released with powerful new features like expanded ProRes codecs, improved speed/XML interchange/media management, etc and some time-saving improvements like automatic transfer, easy export, and so on. However, this new released FCP 7 supports AVCHD with at 1080p 24/25/30, 1080i 50/60, 720p 24/25/30/50/60, so the 1080 60p MTS/M2TS is still incompatible with Mac FCP 7 NOW!
So if you want to edit HC-V500 1080 60p in Final Cut Pro 7, you are recommended to use Panasonic Video Converter for Mac, which is the superior Mac Panasonic 60p MTS to FCP 7 converter for Snow Leopard. It does not only convert Panasonic 1080 60p AVCHD to MOV on Mac, but also merges 1080 60p MTS files for import into Final Cut Pro 7.
Here is the step-by-step guide for you to import and edit Panasonic HC-V500 60p MTS to Final Cut Pro 7 on iMac/MacBook Pro with Mac OS X like Snow Leopard.
Step 1. Load AVCHD 1080 60p videos to Panasonic Video Converter for Mac.
After transferring .mts files from Panasonic HC-V500 camera, run AVCHD Converter for Mac as the best Mac 1080 60p MTS to MOV converter, and click the "Add File" button to load .mts videos.
Step 2. Choose H.264/AVC MOV output format.
Click the "Format" option, and choose HD Video or Common Video > H.264 MOV (AVC)(*.mov) for converting AVCHD videos from MTS to MOV with H.264/AVC as video codec for loading to Final Cut Studio. With this option, the output video will be kept as high definition 1920x1080.
Step 3. Merge Panasonic AVCHD files. (optional)
Select all the files and then click "Merge", and the Panasonic HC-V500 1080 60p MTS converter will join and combine the video clips into a single file as output.
Step 4. Convert HC-V500 MTS to MOV for Final Cut Pro 7.
Click the convert button under the preview window, the Mac Panasonic MTS converter starts converting 1080 60p MTS videos to H.246 .mov, and joining the MTS files for editing in Final Cut Pro 7.
After converting and merging the MTS files, just import the output files to Final Cut Pro 7 and the video is in HD 1920x1080. You can also import the output videos to Final Cut Express (FCE) 4 for editing in full HD.
original from: http://www.wonderful-software.com/convertimport-panasonic-hc-v500-1080-60p-avchd-mts-to-final-cut-pro-7/