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Have you considered Davinci Resolve Lite? It's free and the free version lets you output a maximum in HD resolution.
I wrote a guide on how to use it to transcode footage for the F55 but it will work for any source footage. http://www.hingsberg.com/index.php/2013/08/xavc-transcoding-with-davinci-resolve/
On your output delivery screen you can chose ProRes 444 if you like, or even DPX, EXR, etc...
Lots of parameters you will probably enjoy.
Resolve is really picky about what it can read. Audio needs to be 48KHz and to my understanding there's absolutely no way to get the MTS files rewrapped so they'd be readable by Resolve 10. You need to render to another format which is timeconsuming and takes up loads of harddrive space on large projects.
I've rewrapped .MTS files with this:
http://hdcinematics.com/tools/AWProClient.html
Works fine except the TC doesn't come across.
Darn, I just switched to Mac a few weeks ago. Anything around for Mac users?
Darn, I just switched to Mac a few weeks ago. Anything around for Mac users?
ClipWrap - but not directly to 4444. You can re-wrap your mts into a mov container and import this .mov file as optimized media in FCP X to ProRes 4444 if you really want that.
There's a prores clone on windows called cinec, it's free but fairly unsupported. I did a lot of side by side tests going from DNxHD to various other mezzanine codecs and found that ProRes 4444 via this app produced better results visually. Quite odd really because there should be no benefit going to 4:2:2 to 4:4:4 but there was a subtle difference, so i don't know whether there was some interpolation going on in the conversion.
This reminded me i was going to have a closer look when i had time.
cheers
Paul