I think it must do because you can set different quality video recording in the camcorder, and this also enables to record for longer if you set a quality to lower. But regardless, why not get a video converter software like this :
Allok Video Converter - Convert all video files to AVI, MPEG, WMV, MP4, H264, 3GP, FLV etc.
Its an awesome piece of software. I have the MPEG4 converter from Allok, and I have to say, its never let me down, the converted quality is as good as the original video you're converting, and if you get the all in one converter you can convert to any format you want. You've got loads of resolutions to choose from, so you'll be able to convert from 1920 x 1080 to a native resolution that you want. Plus you can adjust the frame rate, aspect ratio, output volume of the converted video and also adjust the audio quality to keep it pristine. So you'd be able to convert from the 1920 x 1080 to the resolution of a crt tv if you wanted.
You can also trim the video to size if you want or cut bits off that you dont want. I use it mainly for converting you tube videos of documentaries that I download so I can watch them on my phone when i'm out and about. I got loads like fbi files etc... Its a cool piece of softwrae. I've used it as well to convert videos of me and my kids to play on my mobile phone. I've had the MPEG4 converter over a year now with not a single glitch. Its definately worth the money.