Hi Tarun,
Thanks for the link, these are good tools to have!
But I was wondering if there is a way to actually rewrite the .las file with the new projection information.
According to the ArcGIS help, 'Rewrite the LAS files to contain the proper spatial reference information.' so I am thinking it is possible to have the spatial information written into the .las file.
I am using the las file in different software packages and it would be great to have the spatial info in the las files.