Will Quicktime Pro 7 convert my AVCHD (.MTS) files to .wmv, .mov, or the like?

I have a PC (if you're going to be stupid and tell me to get a mac or something like that, please just don't, I'm not getting a mac). I'm running Vista Ultimate (I don't like Windows 7). I have a Panaonic Lumix G2 and I usually would use a camcorder that shoots with mini-DV for video, but I thought I'd give my G2 a shot. But it turns out that my videos are all in AVCHD (.MTS) and I'd like to get them to a more recognizeable for sending to people who probably don't have VLC (and I don't want to have to make them download it). Does anyone know if Quicktime Pro 7 will be able to convert my AVCHD files into something more recognizeable like .wmv, .mov, .mp4, etc.?