Has anyone found a program that will convert from the Video_TS folder to divx or quicktime? Once I can get to one of these formats I assume I can use iMovie to covert to another format from there. I am using "Mac the Ripper" to get the Video_TS folder extracted. Any suggestions?
You can use Mac the Ripper to demux the elementary streams. Then use something like ffmpegx or any app that can convert from .m2v to whatever format you want.