ClipWrap 2 allows native AVCHD playback and editing on a Mac

ClipWrap 2.0 lets you quickly rewrap individual .MTS files into QuickTime .MOV files that can be played back in the QuickTime player or imported into Final Cut. But see yourself:

Note that Version 2 of ClipWrap is not available yet but it should come this summer (2009).

Hehe, I know this chicken in the YouTube clip above.