matjusm,
I've got to ask, because you probably know the answer to this: What advantage is there to being on the bleeding edge of video editing software? Seriously, I'm still using Vegas 6 and Premiere Pro 2.0, and I've got to tell you, for what I use them for, they're just fine.
Now, I know Vegas still had a long way to go from version 6.0 to get to the same sort of functionality as Premiere Pro, but what's the huge improvement between 7 and 8 that beseeches you to go out and drop a couple hundred on an upgrade?
Admittedly, I'm the frugal sort, and I'd rather spend my money on cameras and hardware than software. But many out there, yourself included, want to have the latest and greates, and I really just want to know, what makes it so great? :-)
Peace!
Jim
PS-Oceanblue, if you tell us what you're going to do with video editing, we can help you make a good decision in editing software. For a beginner, or even someone with experience but won't take advantage of the bells and whistles, spending $600+ on editing software doesn't make sense to me. Allocate that money towards a nice camcorder fund, and once you get a great camera and learn how to use it well, then get the better software. After all, the worlds best editing software with the world's worst camera is still going to produce the world's worst quality videos. But like I said earlier, I can make a video with my pro camcorders using the free software, and you won't be able to tell the difference between that video and one I put together in my $1,200 software program.