Adobe Premier Elements

Adobe’s new Premiere Elements turns your computer into an all-in-one home video studio. It automates most of the challenges associated with video editing like capturing video from your DV camera. By just pointing and clicking your mouse, you’ll be able to edit your footage, add music, splice in still images and even cut in bits of old movie footage. You can even create custom DVDs, complete with menus and scene indexes to share with your friends and family. The “Academy” may have to create a new Oscar category for best home movies once this new software catches on! ($99.99; www.adobe.com)