As bad as it is, Windows movie Maker is actually very nice at converting videos to WMVs, which is a nice codec, regardless of what the Linux brigade will tell you about it being proprietory.
But, the best resource to consult on the matter is google, as there are a range of free programs that a simple search should bring up : P
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It's not about what camera you use or how much it cost.
It's about what you shoot,
how you shot it,
and how you edit it :P
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