I had a pretty big project to do, it was a 2 camera 1.5 hour mix, with 2 slideshows, of two different file formats (wmv and avi) (is that bad?), and I needed it done in 3 weeks, and this was my first time to even play with video editing software.
My first problem was with CODECS. Sound didn't play on my AVIs. I did all kinds of things like I used GSPOT and removed many (I had like a million codecs installed for freeware subtitle programs, converters, and players). Reinstalled most of the CODECs I had. I also installed the codecs mentioned needed on the Ulead webpage. Nothing worked until I installed a recent version of ffdshow. (If more info is needed let me know.)
After that was working, the program was extremely slow, so I upgraded my memory to 3 GB from 512. That helped with the speed. A bit.
On playback, overlays looked grainy and were extremely slow. I wasn't sure if this was bad or not, so after I made the cuts to the second camera with the overlay, I cut the same spots out of the main video and moved it in that space. This sped the playback up as well as fixing the grainyness (is that normal?).
When working on a project this size, the trim handles when working on a clip are way to close to do anything. (maybe a request for future versions)
Scrolling was extremely slow. I usually switched out of timeline view to move from clip to clip.
Lots of trouble with the AVI. Sometimes, it would have audio synch problems. Sometimes, it would not forward to the end of the clip when I pressed the >| button. Many times with the AVI I would see the first second of the AVI movie when I tried to play a clip somewhere in the middle.
After everything, I followed the recommended workflow on this site and rendered my video to MPEG-2 because if I tried to make the project a DVD, it was so slow that it took several minutes to do anything. After I renered, it was super fast.
The DVD making wizard was a huge problem. Like bearpuf mentioned, I was crashing all the time in there. I couldn't set my own chapters manually. It crashed if I tried. I also had trouble with the menu making part. When I hit "PLAY" on the remote to try my menu, it did nothing. Also, the view of the menu (the buttons, layout, etc) was different in one part of the wizard than the other, it was confusing me. (This issue has been resolved, see below.)
I also had a strange problem purchasing it. If I used the BUY button on the demo splash screen, (which provides a key, and don't need to download) it brought me to a page that said $129.99 (sometimes it said $99.99 but if you go to the final stage of the purchasing, it changes). If I used the website for a new version, it said $99.99. So, I ended up uninstalling the demo and reinstalling the $99.99 dowloaded E version.
Happily, I got my DVD done. It looks professional, and people are impressed. I tried all the demos out there, free ones and pay-for. Ulead was by far the fastest, and the easiest to understand. All the demos crashed at some point, so I am not that surprised anymore from crashes with video editing programs. Reading the PDF manually helped, and so was using this forum (thanks guys, if you are still reading to this point
With all the highs and lows included, I think it is a powerful program, and recommend it.

