
I have Magix Video Easy to edit my Canon HG 10 HD videos without any problem. However, Magix Video Easy does not recognize the .mts files from Sony Handycam HDR-CX550, which is a new AVCHD camcorder for me. I do not use Adobe Premiere, because I am not a professional for editing. Magix is good for me with low price.
The MTS videos from my Sony HDR-CX550V are either 1440×1080i or 1920×1080i. There are interlaces on the videos. Fortunately, I find Aunsoft MTS/M2TS Converter as a great Sony HDR-CX550 to Magix converter. I use it to convert HD MTS to MPEG-2 HD, and edit the .mpg on Magix for uploading to websites like Vimeo, Dailymotion and YouTube.
Here is the step-by-step guide for other Magix users, who encounter problem editing MTS in Magix. The converter help deinterlace AVCHD for smooth playback.
Step 1. Load Sony HDR-CX550 HD videos to Aunsoft MTS/M2TS Converter.
Run Aunsoft MTS/M2TS Converter as Sony MTS to Magix converter, and click the “Add” button to load Sony AVCHD .mts videos for conversion.
Step 2. Choose HD MPEG-2 output format.
Click the “Format” option, and choose HD Video > MPEG-2 HD Video(*.mpg) for converting HD .mts to 1920×1080 .mpg. For videos recorded at 1440×1080, just choose the profile and click the “Settings” button to choose 1440×1080 as resolution.

Step 3. Convert Sony HDR-CX550 to MPG for Magix.
Click the convert button under the preview window, the Sony MTS to MPG converter starts converting my .mts to MPEG-2 HD for Magix Video easy.
After conversion, just import .mpg videos to Magix Video easy. The video quality is great, and I make 1280×720 .mp4 for Vimeo, Dailymotion and YouTube.
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