Video Support for AVCHD files

I’m no video expert so I may well be missing something! But my Panasonic GH2 shoots AVCHD and produces files ending in .mts. However Wavelab 10 can’t seem to import them and I haven’t been able to find a list of supported formats. Is this a codec problem with my PC or is it a limitation of WL10 or indeed finger trouble?

Thanks for Video Mode it is a big step in the right direction and Video Follows Edit is great.