Pinnacle Studio Plus version 12 is a $99 application suite that supports AVCHD editing and Blu-ray authoring. Nero version 9 is in the same $99 product category. Roxio Creator 2009 has some built-in HD-DVD authoring, but a $29 plug-in is available to add Blu-ray support.
Low priced DVD/BD authoring suites may have some limitations and even be a bit flaky. If you're serious about putting together better quality discs you'll need to look at more expensive offerings from Adobe, Sony and others. To get into the "pro-sumer" level, you're looking at spending at least a few hundred to a couple thousand dollars or even more.
Enterprise level Blu-ray authoring turn-key systems (used to create the Blu-ray movie discs we buy at retail stores or online) are very expensive. Sonic Scenarist and Sony's Blu-print/Blu-code line are popular among professional disc authors.
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