FCE or Final Cut Express is quite popular. It is similar to Final Cut Studio but the FCS is suited for professionals. If you have a mini DV, the FCE is an excellent choice because it accepts the format. According to VideoMaker, FCE is one of the best because it is low-cost and fantastic when it comes to video results. The FCE 4.0 is the newest program version and it already accepts AVCHD.
For the new software in the market, the Corel Video Studio Pro X2 and the Pinnacle Studio Ultimate 12 are among the most promising programs. The former costs $99 and the other one is $129. The programs can meet the needs of beginners in video editing but can also handle complex tasks.