Thank you so very much.
I was able to get a hold of the camera's tech support today, and they said it definately is possible.
I tried your suggestions, and I get the message " There is no common media between these pins Captured file cannot be inserted into the timeline fle may be corrupt" which I thjink is the message I got before. It must mean the sound, because I can't hear anything.
So, this experiment tells me maybe XP will be worthwile

. Especially since he (the friend) said he might be getting a copy of Ulead 7 in with a firewire card soon, and he'll throw that my way, so if it's dv2 that may help.
Thanks!