I believe if you render your video with the "HD" type selected, the program will produce a AVCHD video. I have to check on this again but I'm pretty sure it works. I use a program form a website called www.jockersoft.com. It is called codecinstaller. The program will tell you which codecs you have on your machine and it can also analyze a file and tell you the codec needed to view it.
I'm 99% sure when I rendered video as described above, the file was AVCHD.
The difficulty with MPEG4 is that there is no established government standard for H.264 as there is for MPG2. This makes a possible mismatch between the output and the playing device more likely. The advantage to MPEG4 is that the compression rate is higher than MPEG2 while still maintaining good quality.
Some of us don't yet even have Blueray players, but we might like to make a copy of our shows onto a relatively cheap DVD for future use. I know, before I got a widescreen 16*9 tv, I made my shows in the old format. Now the old shows are amateur looking. If only I had also made them in 16*9.
Keep pressing PLEASE.
Now it can be done, maybe Photodex might do it simply without additional software. Make a comment and maybe you will help to draw attention to the possibility.
I still love Proshow, but I was getting so frustrated with missing out on this result.
The AVCHD format works great in my Sony Blu-Ray player and I don't feel half as bad if the write process fails for some reason.
For anyone who is wondering whether a blu-ray player is something you will use, the newer models come with a wireless connection to your network and will allow you to view other things (Netflix, Amazon Video, music and much more) as well as your shows and they aren't terribly expensive.
AVCHD is definitely something that Photodex should add to the mix.
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