I've just bought an Ipad 3 and I wasn't yet able to find a decent application capable to play an MTS movie at 1080i natively. All the players I've tried so far (free and commercial) offer a really poor experience. For the rest, I found a lot conversion tools, but I don't really want to convert my entire camera footage archive! It's quite frustrating to have such a nice display without the possiblity of using it...
Thanks a lot