I would say anything is better than moviemaker (not that I have use it, hehe). I think the rest is more or less about the same, Sony Vegas, Nero, Roxio, Corel, so take your pick..and they are all about the same in price. Personally I am using an older version of Nero on my win2K (I like it) and I am not into blu-ray stuff yet; but with all these copy protection stuff, it might not do me much good anyway.
I'm looking for a video editing/creating software. I used to use Windows Movie Maker, but it's not enough anymore. I'm looking for something that is not too hard to learn, good #s of effects, and hopefully has some cool presets. Oh, and also, I don't have a big budget, so probably under $100. Thanks all!