yes video editing, and i have 2 cameras, a Sony Handycam, and a Canon HD85 and when i try to capture video on Windows Movie Maker, it says it doesnt support the File type. its pissin me off.
Try each of the three (there may even be four now) 1-month free trials of Sony Vegas on their site. They have a version for everyone so going through them all actually helps a lot to teach yourself how to edit.