I have searched this to death on this site as well as others but I still have not found the solution I am looking for. OK here is what I want to do:

1) Shoot home movies in HDV format with Canon HV10 camcorder
2) Capture via Firewire and edit home movies on Windows XP Home PC (Dual Core 2.4 GHz AMD, 2 GB RAM, 250GB HD) with affordable editing software (under $150 or using free Pinnacle Studio Plus 10 that I have sent in rebate for)
3) Output edited home movies at no less than native HDV resolution (1440x1080) at highest quality HD format supported and playable on the XBox360 (which I believe to be WMV9 Advanced i.e. WMV-HD)
4) Stream edited home movies on demand from Windows XP Home PC video server to XBox360

I have Media Player 11 (which includes the software necessary to share content with Windows Media Extender devices such as the XBox360) and have downloaded 1080p clips that look great streamed to the XBox360 so I know this should be doable. I am willing to add hard drive space as needed, so retaining maximum quality is the goal. The ability to output the movies in the HD-DVD format on a standard DVD would be icing on the cake, but since I expect to be doing most of my viewing at home on my 71" Samsung 1080p DLP, it is more important to me to use the XBox360 as the front end player.

Any guidance that the community can provide me would be greatly appreciated.

Gizmo Joe

I would start by encoding a short movie clip to WMV and test to see what you like and what works.

Encoding is going to be the key here.

You can encode your own movies to .WMV format OR you can get TVersity installed and gather the required codecs. It can transcode on the fly.

With HD content your PC better be dual core if you dont want to wait for transcode. I have a craptastic PIII 900mhz and it takes a while to transcode. So I start it and wait a few hours before watching transcoded HD content. WMV videos work on the fly great.