World's first frame accurate H.264 AVCHD cutter without re-encoding!

Just throwing this on top: Since the Hauppage spits out 59.94 fps and you might now want HD quality (but rather compress down to SD) you can do so with mplayer/mencoder after cutting with SmartCutter. At least that is what I do.

I use it with the Hauppage HD PVR (U.S.). Works without problems.