Thanks for the information, I did find that an option to run programs in Compatibility Mode exists. I will try that tonight and run Premier Pro in Windows XP (Service Pack 2) Mode.

Also the Roxio application that came with this new PC fails to capture video also - well the applications hangs when I press STOP. However the video is playable in Windows Media Player, but not possible to import into Premier Pro 1.5 - Damaged File or Unsupported Format.
Is this another example of Windows Vista?

I should have opted for Windows XP.

I did try and run s/w in the Compatibility Mode, but still the same problem.