I'm thinking of getting this from Amazon as the half-price special offer seems like good value, the offer expires at the end of Sunday I believe.
a) Would it work well with h.264 MOV files from the Canon SX1 or would I need to transcode first?
b) Will it need an internet connection at all? Only to register? I'm planning to install it here at the office with the 'net available, then take the new PC home where I'm offline. I don't want to find I need to bring it back here to download certain features

- as I saw something on a review comment (can't remember where) that a certain codec wasn't supplied and had to be downloaded.
thanks