Editing software for GH1 footage

I can't really see any added noise in Neoscene, but even if there is, you can use proxy editing at render. CS5 with cuda enabled cheap Nvidia video card seems like a pretty strong solution at present. I like the render queuing as well. You have to have 64 bit OS; I just added another hard drive and switch boot drives in bios at startup.
 
So shooting to AVCHD lite is a pain - should i then shoot in the Mp4 format with the GH1? What are the pros and cons - there is very little info about that? Which would give the best resolution played back on the plasma through the Popcorn hour media player.
 
Edius 5.5 for PC.


It handles AVCHD...and you can easily convert to Canopus Lossless (and remove pull-down) in the clip bin.
 
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