The videos are usually about 5 minutes long, I just take a few seconds from each recording to make a "montage". VideoWave just doesn't like M2TS for me. I've installed the service pack, updated drivers, etc. I just still deal with the laggy playback in VideoWave and the Capture software crashing occasionally after I stop capturing something. I've tried tings like re-installing the software and setting the priority to high for the application, but no luck.
AMD E1-1200 Accelerated Processor with AMD Radeon HD 7310 Graphics, 1400 Mhz, 2 cores, 2 Logical processors
4 Gigs of RAM
I have about 390 Gigs of HDD space left.