compatability panasonic hcv700 and imovie 11

Hello
can anyone help me please, technology is passing me by fast.
I have just purchased a panasonic camcorder hcv700.
My current imovie is crashing when i plug it in,
I am currently using a 2.2 GHZ intel core 2 duo processor with 2.5 gb ram with snow lepoard. I am waiting for Apple to send me Lion operating system to upgrade to then be able to upgrade to imovie 11.
big question will I be able to use my new camers in HD or can I only use iframe and is iframe really poor
Karen

can anyone help me please, technology is passing me by fast.
I have just purchased a panasonic camcorder hcv700.
My current imovie is crashing when i plug it in,
I am currently using a 2.2 GHZ intel core 2 duo processor with 2.5 gb ram with snow lepoard. I am waiting for Apple to send me Lion operating system to upgrade to then be able to upgrade to imovie 11.
big question will I be able to use my new camers in HD or can I only use iframe and is iframe really poor
Karen
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Merged threads - please don't crosspost.

iMovie 11 works fine on Snow Leopard, no reason to wait. Don't know if that will solve your problem, however.

when i tried to buy imovie 11 from the app shop it wouldn't let me

You're right, some recent update to iMovie 9.x upped the requirements to 10.7.4.

I'm not sure what you mean by "waiting for Apple to send me Lion" -- it comes as a downloadable file from the Mac App Store (for $30), Apple isn't going to "send" you anything unless you've ordered the USB thumb drive version.

yes Apple support are sending the app.
do you know anything about video converters at all

Given that Apple isn't going to send you the "app" -- just a redemption code for the Mac App Store -- I'd check your junk folder in your email program. They likely sent it seconds after they said they would.

Video converters: do you mean connecting analog equipment to the Mac, for example to convert VHS tapes to digital? If so, you probably want one of El Gato's products:

http://www.elgato.com/elgato/na/mainmenu/products/capture-convert.en.html