I agree with Andy E, try what you have first and if it gives you the results you want then stick with it. Your computer system consisting of a Pentium 4 3.66Ghz Processor, 1 Gb RAM, a Pioneer 105 DVD - RW Re Writer and OS is Windows XP Home Edition, should have no problem using a more up to date non linear editor such as APE4 or similar. Just remember to defragment your hard disk a lot more now before capturing. Having a second hard disk to capture video to exclusively is recommended.
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Better than a poke in the eye with a pointy stick any day...
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