So I recently purchased a WD MyBook Live storage device with the hope of streaming all my videos, photos and music to the various devices in my house including my AV Receiver, iPad, PC's, etc. Everything seems to be working fine, except for the videos. The videos are AVCHD format from a Panasonic HD camera. Which apparently the iPad doesn't play natively. But I find it hard to believe that no app exists that can convert these on the fly to play on an iPad, even with some sort of latency/time delay built in for the conversion? Is this really the case, or is there something out there? I've tried Airplayit, but it wouldn't get the files to play on the iPad, plus I have to have a PC on for it to work and ideally I'd not want to do that since the WD Live acts as a NAS without the need for a running computer. Thanks!