AVID today announced that Pinnacle Studio™ Plus version 12, its market-leading consumer video editing software, is the recipient of the prestigious European Imaging and Sound Association (EISA) “European HD Video Editing 2008-2009” Award. Offering a complete HD workflow solution, Pinnacle Studio Plus simplifies importing, editing and exporting full, high-definition (HD) video, including HDV and AVCHD video. Pinnacle Studio Plus’s burning capabilities allow users to natively author and burn Blu-ray format (BD-MV) discs with full motion menus or make AVCHD format discs on standard DVDs to play on Blu-ray players.
Studio 12 supports HD very well and is a good, easy to use, editor. It does not have the bells and whistles of Vegas but I have had no problem with capturing and editing from the HV20.
And you are not on your own with Pinnacle products, they now have a good Forum and a support service (use the e-mail NOT live chat).