Thanks for the link Bob.

And thanks for the various recommendations from everybody.
I ended up buying the Vegas 8 Platinum edition (handles HD). It was $65.00 after a rebate from Sony.I read that Premiere would be really slow on my computer. We'll see if I figure out how to use it.
I'm thinking of upgrading the RAM on my 'puter. I should be able to put in two 1GB chips in the empty slots. Does anybody know if it's really that easy?