I just bought Premiere Elements and the thing is a real dog. I've got complaints into Adobe and I want my money back for this thing. It crashes every five to ten mouse clicks and runs so dang slow it's not possible for me to stand it. At work we use Avid Media Composer and Apple's Final Cut Pro. I also have Avid Liquid but wanted something to do 720P HD editing on ... Premier was a big mistake.
Vista 32 - patches on Vista, Premier V8 and Quicktime codeck
Intel quad 2.4 over clocked to 3.0 Ghz (and completely stable with every other program made)
4 GB over clocked RAM
SATA2 RAID 5 for editing
NVIDIA GX260 video card
Most of the crashes appear to be memory errors were with 2.8 GB of RAM left it starts complaining that it's low on RAM. Photoshop CS4 has no problem so I know the Adobe code moneys somewhere know how to manage RAM.
I'm thinking of buy Final Cut Express and a matching Mac to run it on. Have a look at B&H Photo as they carry books on production. If you like on-line video tutoring Lynda.com had some very good courses - http://www.lynda.com/home/ViewCourses.aspx?lpk0=396
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