chatfilter... Meh. I liked the question, and it was deleted before I could respond. Here's my answer.
→[More:]
The easiest commodity to turn it into might just be cocaine. That presents it's own problems, of course.
If it were me, I would rent -- with my own money a low key storage facility, like a warehouse, or some backwoods land with a shipping container on it. You don't do this under your own name. Then just leave it there while things cool off.
Then, I think the next thing I would do would be to start a 'we sell your stuff on ebay' type store. Every week I'd drive to some big city I don't live in a couple hours away and go on a shopping spree -- and a bunch of expensive electronics on Ebay and sell 'em.
Ohh, or even better a hosting company. How are they going to track the sales and whatnot of an internet hosting company? You start small, just an office with a few server racks, a $10/$20k investment. I think you might be able to convert $20k of the cash without getting caught. It's a much better Idea then shoving it down your pants and heading through a border crossing to Mexico.
The thing about the hosting company, once you start laundering money, you can actually invest in the project, and hopefully it will be profitable, and you just 'inject' as much as you want whenever you feel like.