Will AVCHD give me headaches?

I just bought FC Express. I am now researching camcorders. Initially I was going to purchase an AVCHD camcorder, but I read the following which put me off..
"7 gasp in horror as you realise your 4GB AVCHD is now opened up into 40GB of intermediate codec.
8 Grapple with the huge files and edit with a horribly glitchy timeline, especially if used to the lovely feel of DV editing.
9 output your edited film to whatever format you like, but allow the computer at least overnight to do the rendering."
Is this the case? Is use of AVCHD in FC Express a nightmare, especially in relation to points 8 and 9 above? Will my computer specs make life easier?
I will use FC Express to make 3-5 minute music videos for our band to post to YouTube, edited from about 10 takes of lip/guitar syncing to pre-recorded music. I want to record in HD. Is HDV a better option? I had hoped to avoid log and capture in preference for log and transfer, but if editing AVCHD shot footage will require much more time and enormous patience, maybe it is a sacrifice I will have to make.

I own a Sony HDR-SR11 (AVCHD camera) and have no issues in editing in FCE (that aren't operator induced, of course). I can't accurately go into the technical aspects of AVCHD as it is recorded and how its transferred into FCE without doing you a disservice though. There are others in this forum that are better at that.
With that being said since you are new to FCE you should be warned that FCE is not a "plug and play" kind of editing application like iMovie. I have been using it for about five months now, and I have made some wonderful movies for my own personal use (mostly family and graduation stuff) to learn how to effectively use FCE so that I can produce a promotional fundraising video for an organization I work with. I'm becoming more confident, but I do still fee like a neophyte. FCE is an exceptionally versatile application, but it requires patience and practice to use.
As with most, I would strongly recommend Tom Wolsky's book Final Cut Express 4 Editing Workshop as a tool to help you get started and to use as an ongoing reference book.
Best of luck and regards....Marc
(btw...I don't benefit from Tom's book from other than it's content)

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Will AVCHD give me headaches?

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