Sounds like you should have plenty of processing power (if you don't have separate graphics card it's worth having one and dont rely upon the one in your motherboard).
Export your finished video through Premiere's own mpeg encoder that's in the editing package that you're already using. Make sure you have the multiplex setting correct and export it as mpeg 2. Provided you're not changing the frames in the motion effect and you have the interlacing on I can't see that you should have much of a problem - Sorry, that's not to say you don't have one, it's just that you shouldn't have one. It should render in about 20/30 minutes if you haven't over-cooked the editing commands.
Nero works well if you import the Mpeg2 it will do everything for you. You probably don't want to change it now, but for future reference you could also use your photos as a slideshow produced in Nero and put some music to it too. If you do that, Nero offers transitions. It's a nice way to make use of all those snaps that were taken.
You're not alone with editing problems, we all have them from time to time, but forums like this bring a wealth of experience (and also trial and error) so stick at it and good luck
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