What is the highest quality format that can be edited in iMovie?
What is the highest quality format that can be edited in iMovie? I shot a film using my HD camera (panasonic hdc sd700) and the files are .mts so I will convert to edit in imovie but I'm not sure which format to convert to. The film is for a film festival so it needs to be the best quality possible...please help!
iMovie '11, Mac OS X (10.7.5)