Sweet. The only drawback of it is that it won't use MPEG 4 files (ie Divx and Xvid). But it will use just about every other sort - Real, Quicktime, MPEG 1 and 2, Windows Media, avi, and vob. I vid with the raw vob files. They're big and can slow the system right down, but they give a great quality finished product. The key is to pre-render as you go.