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i may be in the same boat however i have'nt opened it yet (bought it myself mom made me wrap it)cause my dad is a pilot and had to work so i don't get to open stuff til tomorow and i was curious as well about memory cards i bought a Lexar 16 GB class 4. i was told that should work but i want another opinion and if i make another thread about it i will be murdered by NS.
jeez before freaking out, it would have been nice to have these said info's about you having a HV40.
and listen to e-heath!
yea your right about avchd taking more power but that might not be his issue. He may need a faster computer but vegas is also having problems decompressing the .mp4 container. My computer runs the highest avalible bit rate(24mb) of .mts like butter, however when i try to work with my go pro footy, it crash's vegas every two seconds. hopefully they will come out with a fix soon, until then i recommend proxy editing or just recompressing and saying fuck it to the loss of quality.
at least vegas will open it, premeire thinks that its just an audio file.