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I use Final Cut Pro on Mac, great piece of software, but maybe a little pricey if you are not having something to feed "him" every day.
For smaller jobs on windooze boxes i would say Vegas Video, PinnacleStudio9, Ulead VideoStudio8, lotsa cheap and pretty good packages out there. The important thing is from what you start (VHS, Hi8, miniDV, or maybe already digitised filez, on HDD or CD or DVD), and where do you want to go (video for web, CD, print to tape, and so on... )
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... if you wanna be a hippie/ put a flower into your PeePee / if you wanna have a brother / put your father into your mother
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