I don't mind paying decent money for something that does all I am likely to need, and does it well. So, what does it do?
There's a free trial. Basically fast straight cut editing of mpeg2 and H264 HD files (topping and tailing plus cutting out the ads HD and SD is a cinch). Very fast output from both, programme only recodes at edit points. Multititle DVD authoring with basic menus. No AVCHD or Blu-ray authoring though. Fast joining of multiple files.