I have done a shitload of vids and I have always used the free Windows program but it has shitty compression so no matter how good the actual footage is the end product gets grainy. The only time this did not apply with the Windows program was when my brother and I had that $2k Canon XL1s video camera. The quality of that cam was so good even the shit compression of the Windwos program would not bother it.

I have been considering some pro quality video software and another high end camera but not sure yet if I want to go that route since now everyone and their grandma has a camera and is shooting stuff at the track. No more good ole days when it was just me another guy or two down there shooting vids.. Now you have to fight for position and people in your way.