Can I convert these VLC/MTS files so I can edit them in FCP? If so HOW? Do I need to convert them with another program first then import them into FCP?

There's some good information and a free converter here: How to convert MTS video on Mac OS and Snow leopard (http://www.applemacvideo.com/howtoconvert/mts-converter-for-mac.html)

Disclaimer: I'm a Premiere user, have not tried this myself.

I have downloaded the free trial to see if it works! It just converted the file.... Any one else have any input?

Soooo...if it converted the file (to .mov, to be specific) it should import into fcp. Did it not work?