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.MTS encode to .MPG Quality Loss

Hi, I have a Panasonic ADVHD camera that records .MTS files.  I edit the videos in Premiere Pro and I export them as a .mpg (mpeg2).  I've noticed that I lose a lot of quality of the file when I export.  I am using Windows 7 quad core 4gb of ram.  Is there any way to avoid this major quality loss? I've been reading forums and I haven't been able to find anyone else having this problem. Thanks.


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