Windows Movie Maker - If you have Windows XP, you have Windows Movie Maker. It's certainly not the best editing program out there, but it's not the worst - and it's free. In this case, you get a bit more than what you pay for. However, expect to outgrow this software as your skills improve.

Pinnacle Studio - This is program was at its best with version 7 and works well at version 8 if you get all the patches. Operation under Windows XP is an improvement over previous operating systems.

Pinnacle Studio offers decent editing capabilities as well as DVD authoring. The interface is easy to use (the video capture interface even looks like a MiniDV camcorder) and the DVD authoring section alls you to create completely custom navigation menus.

Adobe Premiere Elements - Just like Photoshop Elements is a slimmed down version of the more expensive Photoshop, Premiere Elements is a home-duty version of Premiere (listed below).

Ulead Video Studio - This is a simple to use, but powerful home editing program.

MGI Videowave - This is another basic home editing tool. While it does a reasonable job, the interface is a bit clunky.

Adobe Premiere - This is one of several semi-professional programs out there. Premiere offers a similar interface to professional editing systems, but at a lower cost. However, it is still expensive for the average home user. However, you really do get what you pay for. Adobe Premiere is an excellent and robust editing program and the newest version supports HD video.

Avid Xpress - While a full Avid video editing system can run into the 10's of thousands of dollars, you can get the Avid Xpress software for just about any properly equipped computer. While you do get a professional tool for less than the pros pay, expect to lay down around $1000.