Blender’s video editor has made great strides in the past couple of releases. I use it as my primary editor now. I’ve edited some fairly sophisticated video (including some pieces for my Master’s degree) that incorporated dissolves, windowed credit rolls over sliding background images, and sync-sound interviews with B-roll footage, all ddone with Blender. It takes some time to understand how it all fits together, but Blender’s VSE is by far the best freeware video editor available. It beats MovieMaker and iMovie hands down for flexibility and is better than any of the low end ($100 or so) offerings. I’ve been making my living from doing video for over 30 years an have edited with everything from two decks with no edit controller, to dedicated tape-to-tape sytems, to high-end professional computer workstations and Blender’s VSE is the only low-end option that I feel gives me the control I want.
I do use VirtualDub (and Avisynth) for some functions, but more to prepare the footage before it goes into Blender. For example, I run the DeShaker plug-in on most of my handheld stuff before I bring it into Blender.
One other very useful tool for working with video on Windows is a program with the rather unfortunate name of “G-Spot”. This will tell you in great detail the structure of just about any video clip, including the framerate, which is what the original poster really needs to know to import the clip properly.
Other tools that I use include Avanti, Super, Claxa, and DVDStyler. My advice is to hang in there and keep working with it. You’ll find the VSE can do just about anything you need, and when you combine it with Blender’s compositing and 3D capabilities, you really have a powerhouse system.