Well, so far I've been playing around with the software that came with the Panasonic Camera, seems adequate, but far, I've had no success getting iMovie to import the video files.
The software that came with the camera is ImageMixer3 for Panasonic, and the basic problem is that it appears that the video from the camera is in MPEG-2 format, and iMovie wants MPEG-4 formatting. I tried creating a disc image in Toast to see if that would import into iMovie, but I keep getting the same error message trying to import either file "Quicktime can't parse the file..."
But, as I said, it looks like the proprietary sofware that comes with the camera will do an adequate job editing and creating DVD's.
Be aware that this camera is USB 2 enabled, not Firewire, so if you're thinking about directly importing into iMovie, it won't do it, because iMovie will only directly import from a Firewire interface. The video loads very quickly from the camera to the computer, as USB 2 is a bit faster than Firewire.
There's gotta be a way to convert the format, I just haven't found it yet.
But picture quality and sound on this camera seem very, very good!
Chris K
EDIT: Found a program called "HandBrake", but it's very slow to convert the file formats, I'll keep looking...