Looking at buying a new video camera and housing to shot underwater video. Also need a new computer for editing. IMOVIE looks awesome, especially the stabilization, underwater you always sway alittle. It looks like some cameras don't work as well as others. I would hate to get a camera that had to go through several different steps in the process before it almost works right. Most underwater housings only fit ONE camera, so what you get is what you're stuck with. The laptop has to be travel friendly and is used to edit the weekly video as well e-mails/ internet and burning the photos and video for the guests. It doesn't look like IMOVIE is fully compatable with AVCHD. Thanks for your input.