for i in *.MTS; do ffmpeg -i "$i" -s 1280x720 -r pal -b 115000k -threads 4 -vcodec dnxhd -acodec libmp3lame `basename $i`.mov; done
Class, I'm using it to transcode AVCHD .MTS files from my GH1 to DNxHD in a .mov container. DNxHD is from Avid, very nice intermediatem cross platform CODEC.
