I don't know anything about that software. I use Sony Vegas 8 and it is really all that I know well. Firewire is the best way to dump video into a computer, assuming that his how the camera is set up to transfer.
you have been very helpful before so hope you don't mind me asking you a few other questions. I have been torn on best way, or I should say best way for me (economical) to get footage to comp and also edit it. A buddy of mine uses CyberLink PowerDirector 8 (ultra) edition to edit, and a 1394 firewire cable to get to this computer. What do you think of these?