I never used the Ulead VideoStudio, so I dont know how hard it is to use.
I have used Adobe Premiere a lot, I really like it. It is easy for me to use probably becuase I use it often and took a class in it. But like I said in my first post, it cost's a lot!
If you NEVER plan on making money with video editing and it is simply for home movies and to distribute Family VHS tapes during the holidays, then I would go with Ulead, and with the $500 you save, get MORE ram!
Mitch