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Your computer is fully capable of editing HD video.
When I was using a PC, I LOVED working on a program called "Vegas." I've since then moved on to a Mac with FCP. Give Vegas a shot - it's capable of doing a lot and very very simple to use, but do check to see if it supports your video format.
As for Avid - I've never actually used Avid, but I've heard that it isn't easy to operate.
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