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Favorite Editing Software for under $150?

What are some of the favorites here for PC based movie editing software for under $150? I imagine it would be important to synch the audio easily for a newbie, if I actually end up using an external device to record the audio part of my movies. Im kind of worried about adding that headache to the project. I hear the Sony Movie Maker software is reasonable.
PCmag listed CyberLink Power Director 10 software for $100 as their top choice for consumer video editing, says "interface is among the easiest to use .... " Easy sounds good to me - but is it actually true?