Whats the best/fastest format to convert avchd to, for edit purposes?

Whats best format to convert 1920/1080 avchd to, for editing purposes?
I tryed converting to HDV but didnt like the quality. I then tryed to convert the raw avchd files to mpeg2 @ 35 mbps. That is much cleaner but renders slow...about 1-1 ratio.
Looking for a codec that is fast to convert to & clean.
I have aPC, Win 7,  6 core, 32 gig ram,Raid 0,  fast cuda card ect...

AVCHD has the same data rate as DV, so shuttling that fast will not be a disk problem, even from a single drive, let alone a RAID 0.  If it stutters, it's a CPU thing.
Conversion to any other format is going to expand the data rate significantly, requiring your RAID to work harder.  Though the CPU will likely work less, so that could fix the stuttering.
You can always add all the clips to a sequence, and then add that sequence to the Source Monitor for editing as if it were one long clip.
Having said all that, if you still feel the need to convert then I recommend the free and lossless UT codec.  You can export out the combined clips right from PP, and the new media will not suffer any quality loss due to conversion.

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    Despite the emergence of high-definition formats, there are good reasons for some people to prefer standard-definition DV at this time. One reason is cost. A good HDV camcorder -- the Canon HV20 is probably the best consumer model right now -- is likely to cost $1,000 or a bit more, while good DV models cost a few hundred. A second reason is low-light capability. The imaging chips for high-definition have many more pixels than the chips for DV. If the lenses are the same size, then these pixels must be crowded into a sensor about the same size as that of a DV camera, meaning that each pixel must be smaller and therefore less responsive to low-light conditions. So a good DV camera may be much better in low light than even the best high-definition camcorder of the same size.
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    Camcorders are also available that record directly to hard disk. Depending on the implementation, and your handiness with computers, thes might be just right FOR SOME USES. In particular they permit much more rapid turnaround between shooting and editing, so they might be right for something that is needed quickly but where archiving is not important (for example, shots of a football team at practice). But (as you have undoubtedly discovered with your 30gig Sony) you must download the material from camera to hard drive when the camera fills up, and this is not as easy as putting in a new tape. Also, the file may not be stored on disk in the relatively uncompressed, and easily edited, DV format. Finally, no hard drive is as safe a storage medium as a tape. With a hard drive and especially with a DVD, you risk losing everything to a crash or scratch; with a tape, you risk at most losing a few frames to a dropout caused by imperfections in the media.
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    I would recommend that you search for articles and forums about camcorders to learn what is available. There is a lot of information out there. As for me, I would certainly not recommend Hi8, or even Digital8, at this time. Choose DV if you have a pressing reason for it, such as cost or the need to get good images in low light; otherwise make yourself more future proof with HDV or AVCHD. They will produce high-quality DVD's when "downconverted" when capturing them into the computer or when exporting them from the nonlinear editor or authoring program (experiment to find which method is best). Unless you are using AVCHD, which is not a tape-based format, stick with tape (for now) if you are concerned with long-term storage.
    Best wishes!

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