How to Edit JVC Picsio GC-FM1 MOV Files on Sony Vegas MPEG?

For people who are eager to get a mini video camcorder, JVC Picsio GC-FM1 is a good choice due to its nice size, electronic image stabilization and low price. This camcorder records on to a SDHC card at the format of Video: MPEG-4 AVC / H.264: MOV, Audio: AAC. But these video recording video formats make camcorder owners annoyed with its difficulty of editing. Like the problem encountered by one of owners: My editing software, Sony Vegas does not work well with JVC Picsio GC-FM1 MOV files. It isn’t capable of displaying a .MOV files video track, only the audio is usable.
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