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.MOD files are JVC's implementation of MPEG-2 transport streams, similar to a VOB file on a DVD or the M2T files used on Sony hard drive camcorders. As of 2009, MOD format is still being used in standard definition camcorders manufactured by JVC, Panasonic and Canon, which Mac apps don't recognise.
So How to Play MOD on Mac Snow Leopard for free or How to Convert MOD Videos from Panasonic SDR-S26 to DVD on Mac ?
These cameras like Panasonic SDR-S26 record their movies as .MOD files. And as we know MOD video files are actually MPEG-2 files with AC3 audio.
MPEG2 files are not supported by Quicktime. You have to buy the QuickTime MPEG-2 Playback Component from the Apple store. It costs $20.
There are some free ways to Play MOD files on a Mac:
Step 1.Run Mac DVD Creator (which can act as an MOD Videos to DVD Converter) and Load MOD videos.
Click "Add" button to load MOD videos from Panasonic SDR-S26.

Step 2. Edit MOD Files
You can trim and crop the video files and adjust the effects before burning the videos to DVD on Mac OS X.

Step 3. Edit DVD Menu
This MOD Videos to DVD Converter for Mac allows you to create your own DVD menu with various built-in resources. Click the Menu button on the bottom right of the main interface to edit the DVD's menu.
Step 4. Previewing the Project
After finishing all the editing, you can click the Preview button on the main interface to preview your DVD project.
Step 5. Burn MOD to DVD on Mac
After you choose the correct DVD disk and the suitable video quality, you can click the Burn button to set burning settings and burn your DVD project. There are three output options: DVD, DVD Folder and ISO File.
JVC MOD camcorders
2004: GZ-MC100 (SD), GZ-MC200 (SD)
2005: GZ-MG30 (HDD), GZ-MG70 (HDD)
2006: GZ-MG37 (HDD), GZ-MG77 (HDD), GZ-MG505 (HDD, SD/SDHC card)
2007: GZ-MG130 (HDD), GZ-MG155 (HDD), GZ-MG255 (HDD), GZ-MG555 (HDD, SD/SDHC card)
2008: GZ-MS100U (SD/SDHC card)
2008: GZ-MG7230 (30 GB HDD, MicroSD)
2009: GZ-MG630 (60 GB HDD, MicroSD), GZ-MG670 (80 GB HDD, MicroSD), GZ-MG680 (120 GB HDD, MicroSD)
Panasonic MOD camcorders
2003: SV-AV100 (SD card)
2005: SDR-S100 (SD card)
2006: SDR-S150 (SD/SDHC card)
2007: SDR-S10 (SD/SDHC card), SDR-H18 (HDD, SD card), SDR-H200 (HDD, SD/SDHC card)
2008: SDR-H20 (HDD, SD/SDHC card), SDR-H60 (HDD, SD/SDHC card)
2008: SDR-S7 (SD/SDHC card)
2008: SDR-SW20 (SD/SDHC card)
2009: SDR-SW21 (SD/SDHC card)
2009: SDR-S26 (SD/SDHC card)
Canon MOD Camcorders
2008: FS100 (SDHC), FS10 (SDHC), FS11 (SDHC)
2009: FS200 (SDHC), FS21 (SDHC), FS22 (SDHC)
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