The Apple's iTunes 10.5 is available now. The iTunes 10.5 includes the first taste of iCloud and is required before downloading iOS 5.
It comes with five new features:
1: iTunes now stores your music and TV purchases in iCloud and makes them available on your devices anywhere, any time, at no additional cost.
2: Download your past music, TV, app, and book purchases again, at no additional cost. Previous purchases may be unavailable if they are no longer on the iTunes Store.
3: Purchase music from any device or computer and automatically download a copy to your Mac and iOS devices.
4: Sync with your iPhone, iPhone 4s, iPad, iPad2 or iPod touch with iOS 5.
5: Automatically sync your iPhone, iPad, or iPod touch with iTunes any time they're both on the same Wi-Fi network.
However, the iTunes 10.5 still only supports M4V or MP4 video formats. If you record clips with Canon, Sony, Panasonic, JVC etc in MTS formats, you will need to transfer the camcorder MTS files to M4V or MP4 for importing to iTunes 10.5.
Fortunately, MTS to iTunes 10.5 Converter Mac has upgrade for converting MTS, M2TS, AVCHD, TOD, MOD, FLV, 3GP etc video files to MP4, H.264, MPEG-4, M4V etc iTunes 10.5 supported formats and importing converted MTS movie to iTunes 10.5 for sync with iPad, iPad 2, iPhone 4, iPhone 4s, iPod etc on Mac (10.5-10.7 Lion).
PS: iTunes 10.5 also can be used on Windows OS. So if you want to import video to iTunes 10.5, you can also use MTS to iTunes 10.5 Video Converter
Mac MTS to iTunes 10.5 Converter allows you to convert MP4, M4V files from iTunes 10.5 to AVI, WMV, 3GP, MOV, DV, MPG, FLV, MKV, RMVB, SWF etc on Mac.
1: Free Download Mac MTS to iTunes 10.5 Converter software
2: Click "Add Video" to load MTS Video files
3: Click Profile pull down list to Select output video format as MP4.
4: Click Start Button at the bottom to start MTS file Conversion
5: Click Open on the bottom middle to find the converted MTS Video files.