Videomaker – Learn video production and editing, camera reviews › Forums › General › Video and Film Discussion › H264 from Contour HD › Maybe add a second drive or a
Maybe add a second drive or a USB3 drive to render to as a scratch drive and your set. If money is no object then I'd just go Adobe Creative Cloud but with software comes a learning curve no matter what you go with.
You also might want to de-noise footage and de-fish it some depending on what you have. I don't think you are going to have an issue with the H.264 Codec but how you want to manipulate the footage might come down to the NLE and I don't think Pinnacle would be your best bet.