Yes… I found a free Full HD player that can play my Panasonic HDC-SD700 1920×1080 50p m2ts files smoothly. The great free VLC Media Player cannot play those MPEG-4 AVC/H.264 1080 50p camcorder video files (playback is slow with hang here and there). It only can play smooth up to 25 fps video clips. However, the search is over. I found Splash Lite ~ the ultimate free HD player!
I love Splash Lite. Its ultra fast audio and video decoders are designed for multi-core processor and graphics card hardware acceleration (GPU). It requires around 50% CPU processing power to play back 1080 50p video clip on my Intel Core2 Extreme quad-core processor QX9650 with no GPU acceleration. And only 5% CPU processing power when graphics card hardware acceleration (GPU) ATI Avivo kicks in. Wow, this is totally cool. You need to try it yourself. It is a good free Full HD Player that you cannot miss.
Download Splash Lite Free Full HD Player here.