Kenny - My DVD 8 from Roxio will convert your tape to DVD fine, but for editing you want to use their Videowave 8 product. If you are going to spend $99, their Easy Media Creator has both products in one box along with about 25 more video, photo and music suite products. The suite isn't a stand alone top product, but the products all work pretty well, and have great value. These will work quite well for what you are doing. They also will compress to Div-X or onto VCD.
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