Peter Wimmer, the author of the Stereoscopic Player, has released another interesting and useful 3D tool, namely the MVC to AVI Converter that can convert MPEG Transport Stream files (*.mts and *.ssif) as well as MP4 files (*.mp4) that use the new H.264 MVC codec used in Blu-ray 3D discs as well as some consumer 3D camcorders into AVI files with different compression. The idea of the converter is that it can easily convert the still hardly supported by any editors H.264 MVC 3D video files into a format that is widely accepted and can be easily used. Have in mind that this tool is not a Blu-ray 3D ripper and it will not remove any content protection that might be applied to a Blu-ray 3D media, the software is targeted more for users of 3D cameras that record in the MVC 3D format.
The Multi-view-coding (MVC) H.264 encoding format is slowly starting to get adopted by more devices and software, but still working with 3D video files in it can be a real pain. So with the help of the MVC to AVI Converter you can get two separate AVI files, one for the left and one for the right eye as well as the original or PCM decompressed audio in the left video file that you can easily import in your favorite video editor or further process to make them in Side by Side format for example. The tool supports different codecs that you have installed on your system for the video compression, so you have some flexibility.
Have in mind that the MVC to AVI Converter is a commercial software, but you can download a free trial version to try, it however places a watermark on the outputted video, so it is just for testing, before deciding if you need it. A private non-commercial license will cost you 19 Euro (~27 USD) and for a commercial license for the software you will have to pay 49 Euro (~70 USD).