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Digital Camcorder progs
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For more on marking an answer as the "Best Answer", please visit our FAQ.Windows Movie Maker is a good start but it doesn't let you record to DVD.
Unless you find a free Video Editing program from the web or off a magazine disc, consider Adobe Premiere Elements (the favourite in most reviews), or Serif Movie Plus version 4 (very good). There is also a 'cut-down' version of Sony Vegas studio at a reasonable price. One of the easiest to use is either Ulead Studio or Pinnacle Studio. There are concerns over the stability of the Pinnacle product and it doesn't have as many features now.
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