I am importing m2ts clips from my Pan. TM700 camcorder, but PP doesn't see any audio in the files.
They play fine in Windows MP, and the windows properties dialog box says thay have a 256kbps stream, but in the PP properties box, there doesn't seem to be any audio.
First question: when you Imported the files, did you allow Conforming to complete?
PS - does your Panny record Audio in 4 streams?
Never mind, looks like I just needed to install the full version to get the decoding to work(which I just did:)
Great news! Hope that the success continues.