Magix movie editor pro any good?

I use MEP 2013. I find it very good for short projects. But it does bog down quickly with larger projects. (6-core Phenom machine 16Gb ram)
But I use it mostly for .MTS files directly from my Panasonic HiDef camcorder which take a bit more grunt to deal with than h.264 .MOV files from dslrs
 
Have a look at Sony Vegas movie studio as well, great piece of software.
 
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