Vid: Dancing with Sub-machine Guns

[pyrateanny.livejournal.com]

Title: Dancing with Sub-machine Guns
Fandom: SGA
Vidder: Pyrate Anny
Category: Gen.
Music: "1000 Dancing People Sing with Sub-machine Guns" by lo-fi artist Jack Drag 

Fanvid: "Poison" (Sylar/Peter, Heroes)

[vaeltaa.livejournal.com]

Vidder: vaeltaa
Fandom: Heroes
Artist: Groove Coverage
Category: A little crack, and a lot of slash.
Characters/pairing: Sylar/Peter
Warnings/spoilers: This is basically as close as you can get to a PWP in vid-form. Not sure if that counts as a warning though. Contains minimal spoilers.
Summary: I wanna hurt you just to hear you screaming my name.
Format/size/length: WMV/28,7 MB/03:16 min.

You're poison running through my veins

Software selection help, please.

[jenius08.livejournal.com]

Okay. I'm utterly tired of dealing with WMM. So I began a search for different software, but basically wound up confused. Even worse after checking the memories.

I recently downloaded VideoThang-it's pretty cool, fairly straightforward. Only problem, it doesn't break my video into clips. Since I usually import my own DVDs and make movie fanvids (a sample of my work) I really really want that feature.

So basically, I need either clip-making software or a new editor.
Some preferences:
1. I want it to make clips for me, obv. lol
2. It has to be either free or rock-bottom cheap. As in under $100, preferably under $75 or less.
3. I'd prefer something popular so that I can get tech support or help from you guys if I mess up.

Any suggestions? Thanks for reading :]

ETA: I'm looking into getting DVDShrink and trying out Ulead 11. It'll take a while for downloads but I'll try to come back with updates. Thanks for everyone's input. :)