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How long your project can be depends on what you're using for source video, how much power and RAM your computer has and how much free space is on your hard drive.
I've no idea what the specs are for an Acer 7735 are. But, if you're using video that requires a lot of rendering (You'll know because there will be a red line above your clips on the timeline) and you're not rendering them as you work, it's going to eventually choke and crash. To render, press Enter and the program will create video files for your non-DV footage, the red line will turn green and your computer will run much more efficiently.
What kind of camcorder is your video coming from and how are you getting it into your computer?
Thanks a lot for a useful answer. I will have to remeber rendering.
The specs should be alright and there is plenty of free space and ram.
I'm using a Sony DCR-DVD403E cam and are using the sony included software for storing the files on my computer.
If your using the Sony software to download to your PC, then the format is Mpeg.
That being the case, I would recommend that you convert this into DV-AVI prior to import into PE.
This will greatly reduce the stress on your PC and eliminate the need to render.
Use this link from FAQ's for convert options to DV-AVI:
Conversion to DV-AVI will make for hassle free editing...