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In my experience, I've found that anything that rates above a 6000 on this benchmark chart will edit HD video easily in Premiere Elements.
The processor you're looking at rates over 10,000 -- so not only will it edit 1080p without working up a sweat, but you'll have no problems should you decide to move up to editing 4K!
Thanks but I'm afraid thats not the dual core "U" version. The i7-7500U on that charter is probably closer and just a bit slower than the new i7-7700U- and the i7-7500U is only 5200 on that chart. I assume 5200-5500 would be a problem?
You can probably still edit AVCHD camcorder or smartphone on that computer with no problems, Jeff.
Steve, help me with my ignorance please. When you say AVCHD camcorder files, what does that include? And what does that not include? For example, sometimes I will create a birthday or going away party video and use, e.g. a DVD rip of a BluRay (say, edit a scene from The Princess Bride where the one guy is fencing, and make it look like he is talking to the person whose birthday it is by cutting in video of the birthday boy, then back to the Princess Bride guy talking, then back to him, etc.) Max resolution for the files I work with is 1080p, and they may be as short as 5 minutes and as long as, say, two hours.
I can't speak for video ripped from commercial DVDs and BluRays, Jeff, since the software used to rip copyrighted material often doesn't follow the regular rules.
But if you're just working with VOB files from DVDs, that processor won't even work up a sweat doing that.