
CoreAVC, a reasonably cheap($15?) and quick h.264 decoder for Windows, can decode AVCHD as well as a variety of other h.264 formats (info via doom9).
Some peeps are using this $30 converter for AVCHD (windows only).
Supposedly Mac supports AVCHD native with iLife 08 (via amazon). and FYI - the swiss army knife for Quicktime (Mac OS) is the Perian codec.
And in related news... 'DVD Jon' frees your media with DoubleTwist.
*Much thanks to Jeff Gray and Michael McReynolds for info posted here.
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