Hi. I am new to video editing but not new to computers.

New PC Specs
Motherboard - Asus P5ad2 Deluxe
Processor - Intel P4 540 3.2Ghz Prescott
Memory - 1 GB Kit Kingston Max
Primary Hard Drive - WD 80GB SATA
Secondary Hard Drive - WD 250GB SATA
CD Buner - LiteOn 52x32x16 CDR-RW-DVD COMBO
DVD Burner - LG 4163B Dual Layer DVD
Video Card - ATI Sapphire X600 XT 256MB VIVO DVI
Case - Aopen H700A Full Tower
PSU - Antec 550W True Power
Capture Card - DVICO Fusion HDTV Tuner (full)
Monitor - Viewsonic G90F+ 19"
Keyboard & Mouse - Logitech LX700
This new computer has been a long time coming (a loooong time ).

I am keen to get started editing my video collection that is showing the signs of aging.

I have Ulead Video Studio 8. Is this alright to start off with or should I go straight to Adobe Premiere Pro (which I can get through work).

Are there any websites that I can access that give you step by step guides to editing (and archiving?) vhs video footage. Also could anyone recommend any books or magazines that might do the same.

I understand about partitioning. Is it alright to Partition my 250GB drive so that I can store Video, Music and Photos (I have a scanner too!), or should I leave the 250GB for the realm of video footage only.

Thanks for the time (appologies if I asked questions about a topic already posted).
CaptainGavin