[Anonymous]

You can't use USB to transfer/edit video. If it's a digital8 or miniDV camera you'll be able to edit easily on the computer if you get a firewire card (about $30-50).

Or you can do like executioneer said and get a video capture card. That will let you use the video output on any camera (that you would normally plug into a TV) into the computer and capture video that way. There are TV Tuner/vid capture combination cards too, so if you want your computer to be a TV you can kill 2 birds with one stone.

Nobody uses Hi8 anymore so that would be the cheapest way (Hi8 plus basic capture card), but digital is way better quality and the transfer to computer is just as easy and affordable (and firewire is also useful for external portable hard drives and such)