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As pentapengin said, there are many good open source alternatives to big industry stnadard packages out there as there is with any kind of software - so there all worth a try.
Ulead Media Studio is a good budget option, still with many good features, even bluescreen technology.
http://www.ulead.com/vs/
You can download a good free demo from there
Quote:
Ulead® VideoStudio® 11 is video editing and DVD authoring software for anyone who wants to easily produce professional-looking videos, slideshows and DVDs. Choose the version that's right for you.
Adobe Premiere and Abobe After Effects are industry standard and will pretty much allow you to do anything, you can even get some lightsaber effects with after effects - the possibilities are endless.
http://www.adobe.com/products/premiere/
Quote:
Make every phase of video production more efficient with Adobe® Premiere® Pro CS3 software, which includes Adobe OnLocation™ CS3* (Windows® only) and Adobe Encore® CS3.
Tell your story with maximum impact using Adobe® Premiere® Pro CS3 software, the start-to-finish solution for efficient video production that now includes Adobe OnLocation™ CS3* (Windows® only) and Adobe Encore® CS3. Save time from on-set capture using Adobe OnLocation through to output, expand your creative options via integration with Adobe After Effects® CS3 Professional and Photoshop® CS3 software, and deliver your content to DVD, Blu-ray Disc, the web, and mobile devices.
Shape Layers
Puppet tool
Adobe Photoshop® CS3 Extended integration
Adobe Flash® CS3 Professional integration
Per-character 3D text animation
http://www.adobe.com/products/aftereffects/
All those adobe tools mentioned and more are available for $1699
http://www.adobe.com/products/creativesuite/production
And there is also a good trial:
http://www.adobe.com/go/tryproductionpremium
Quote:
Adobe After Effects® CS3 Professional
Adobe Premiere® Pro CS3
Adobe Photoshop® CS3 Extended
Adobe Flash® CS3 Professional
Adobe Illustrator® CS3
Adobe Soundbooth™ CS3
Adobe Encore® CS3
You might also be interested in the awesome audio editing software like Adobe Soundbooth - but I use Adobe Audition although not part of CS3, its cheaper and is really amazing...
Quote:
Record, mix, edit, and master digital audio files with powerful tools that bring flexibility and control to your desktop studio. Easily create music, produce radio spots, and restore imperfect recordings. Bring audio and video together using smart integration with Adobe video applications. Get professional results in real time with Adobe® Audition® 2.0 software.
http://www.adobe.com/products/audition/
Premiere elemets 3.0 is also a great budget option, probably better than ulead, as it is a slimmed down version of the Adobe Premiere; though the features cut out are very advanced and probably wouldnt be used often with your videos anyway.
Quote:
Adobe® Premiere® Elements 3.0 software makes creating and sharing impressive home videos a snap. Burn your footage to DVD in two simple steps, complete with a DVD menu and scene index, or easily assemble your movie by rearranging clips with drag-and-drop simplicity. And share your movies on DVD, the web, mobile phones, and virtually anywhere else.
http://www.adobe.com/products/premiereel/
Finally, the free, open source alternetives...
As pentapenguin mentioned, Wikipedia has quite a definitive list
http://en.wikipedia.org/wiki/List_of_open_source_software_packages#Video_editing
Look in external links at the bottom of each entry for links to download them etc.