I am the proud owner of a new 24" iMac 2.8GHz with 2gb of RAM and a 500GB HD. I am a convert from PC so please welcome me with open arms. I am looking to get into video editing and need some guidance from everyone here. I have been posting over at dvxuser.com but have not had much luck finding folks familiar with my computer's capabilities. Hence my posting here. I want a consumer level HD camcorder and have heard nothing but amazing things about the Canon HV20. Although I am much more fond of the HG10 in looks, layout and the draw of HDD, I am being swayed toward the HV20 from all the positive things I have read. I want to start filming and editing short movies as well as just have a camera to film events/family/friends. I was really drawn to the 24p and slow-motion capabilities of the HV20 (the rain video everyone seems so familiar with is a good example). I would ideally like to do this with the HG10 but have heard poor reviews of the HG10's 24p performance. My question is, with my current computer setup (new 24" iMac 2.8GHz with 2gb of RAM and a 500GB HD) can I do a fair amount of justice in video editing? I'd be surprised if I couldn't bacuse this thing is powerful for everything else. Second, I have already purchased Final Cut Express but have now found that it might not process 24p. Can anyone confirm this? I guess I will have to look at getting FCP even though I don't want to spend the money. Thanks for any help and/or experiences in advance.