macbook:thebeatels elad$ /usr/local/bin/ffmpeg -y -shortest -i "pan160_4/PRIVATE/AVCHD/BDMV/STREAM/00002.MTS" -vf '[in]fifo[t0];[t0]scale=1280:720[t1];[t1]fifo[out]' -q:v 0 -r 30 -g 1 -c:v mpeg2video -b:v 10000k -an "pan160_4_00002.mp4"
ffmpeg version 1.2.1 Copyright (c) 2000-2013 the FFmpeg developers
  built on Jun  7 2013 10:15:17 with Apple LLVM version 4.2 (clang-425.0.24) (based on LLVM 3.2svn)
  configuration: --prefix=/usr/local/Cellar/ffmpeg/1.2.1 --enable-shared --enable-pthreads --enable-gpl --enable-version3 --enable-nonfree --enable-hardcoded-tables --enable-avresample --enable-vda --cc=cc --host-cflags= --host-ldflags= --enable-libx264 --enable-libfaac --enable-libmp3lame --enable-libxvid --enable-libfreetype --enable-libtheora --enable-libvorbis --enable-libvpx --enable-librtmp --enable-ffplay --enable-frei0r
  libavutil      52. 18.100 / 52. 18.100
  libavcodec     54. 92.100 / 54. 92.100
  libavformat    54. 63.104 / 54. 63.104
  libavdevice    54.  3.103 / 54.  3.103
  libavfilter     3. 42.103 /  3. 42.103
  libswscale      2.  2.100 /  2.  2.100
  libswresample   0. 17.102 /  0. 17.102
  libpostproc    52.  2.100 / 52.  2.100
[mpegts @ 0x7f94e282a200] PES packet size mismatch
Input #0, mpegts, from 'pan160_4/PRIVATE/AVCHD/BDMV/STREAM/00002.MTS':
  Duration: 00:25:07.64, start: 0.801700, bitrate: 22754 kb/s
  Program 1
    Stream #0:0[0x1011]: Video: h264 (High) (HDMV / 0x564D4448), yuv420p, 1920x1080 [SAR 1:1 DAR 16:9], 25 fps, 25 tbr, 90k tbn, 50 tbc
    Stream #0:1[0x1100]: Audio: pcm_bluray (HDMV / 0x564D4448), 48000 Hz, stereo, s16, 1536 kb/s
Output #0, mp4, to 'pan160_4_00002.mp4':
  Metadata:
    encoder         : Lavf54.63.104
    Stream #0:0: Video: mpeg2video (a[0][0][0] / 0x0061), yuv420p, 1280x720 [SAR 1:1 DAR 16:9], q=2-31, 10000 kb/s, 15360 tbn, 30 tbc
Stream mapping:
  Stream #0:0 -> #0:0 (h264 -> mpeg2video)
Press [q] to stop, [?] for help
av_interleaved_write_frame(): File too largeme=00:20:18.40 bitrate=28194.6kbits/s dup=6093 drop=0