I am really amazed that this is actually possible. While Quicktime can’t even play back mpeg2 transport streams that are used for HD footage, I was amazed to see ffmpeg and blender handle this perfectly.
A friend got himself a Sony FX1 HD cam, so obviously I wanted to see if I would be able to use blender to edit the transposrt stream./
First of all I was really happy to see grabmv grab the streams from the camera perfectly. It makes me real angry that I cannot use my micromv cam with iMovie when it really is the same thing as the HD cams. No market, no features. Proprietary software sucks
I managed to cut clips in the sequence editor, I managed to load the HD video as a texture, use it a background for a 3D viewport and also use it in the compositor. It’s sluggish (surprise, surprise!) but very usable.
So let’s see if this leads anywhere