OK, now that I've had a very little time to play with this thing, I need some help on the software end.
My movies are taping in .mod format. What is the best format for editing? Is it .avi? I tried using Virtual Dub to convert .mod to .avi and that seemed to erase all my sound AND make the file 25x larger (40mb went to 1gb)?? How did this happen, lol?
I tried using Prism, a free .mod to .avi converter, and this reduced the file size tremendously - but I still lost the sound.
I guess my main questions now are:
1) What is the best file format for editing and viewing? .AVI? (If the "best" will lead to a complicated answer of pros and cons for different types, then what is a good file format?

)
2) How do I convert .MOD to whatever the answer to #1 is, keeping my sound and keeping file size reasonable?
I have been doing all kinds of research on the net for this and it all just leads in circles. This is very frustrating.
Thanks,
Steve