Easier said than done.
1080p or Blu Ray quality video presents a number of challenges that have to be figured out, then set up correctly, on powerfull hardware, in order to get 1080p to stream successfully.
First, ripping and identifying the right file(s) that contain the m2ts file can be difficult. Copy protection also has to be dealt with properly. Next, you need a lot of CPU if your going to do transcoding. The only system I have that does this successfully has a Core i7-950. My server has a 2.83Ghz quad core Xeon, and it chokes on a Blu Ray. Assuming, you rip the right files properly and remove the copy protection, you then have to have good bandwidth accross all segments of the connection. A poorly set up network, or a low speed internet connection at either end can kill the process.
The best approach is to convert the stream to MP4 so that there is no transcoding to be done by the CPU. But even that approach means that you need to spen a couple hours per movie on a desktop with a lot of power to do the formatting.
It's doable - but it's anything but easy.
I'm in the process of reconfiguring my servers so the link isn't ideal, but you can try this video sample. After the holidays I should get all my Subsonic servers optimized and should be able to link to better performing stuff. This is 1080i Recorded TV Streaming from the quad Core Xeon server with 8GB ram and the file is stored on an 8, 2TB drives configured in a RAID 50 array that can serve files at speeds faster than most SSD's. The server is on a gigabit LAN connected to the internet over 35/35 FIOS that consistently measure 30Mbps upload speeds. The linked file is rated at 18,216Kbps (1920X1080).
http://maplegrovepartners.subsonic.org/share/kcBLy