Hello, John!
I'm using PD14 Ultra but whichever version of Power Director you're using, the method here is essentially the same. Upon opening your Power Director, select "Capture". When the Capture window opens, look down to bottom-right of your screen where it says "Settings". Click on Settings and a window will open showing details of Capture Device(if only one device is connected, this should be greyed and not selectable), Device Resolutions, Capture Source(generally Composite Video) and Audio Device(which should, like in Capture Device, show the type of capture card you're using, in this case the ION Video 2 PC). It's possible your capture cord might've come with an installation disc, allowing the device to be "recognised" by your computer and thus any video editing software loaded thereon. If you have such a disc, run it, and it might sort out your problem. Generally though, video capture cards are usually "plug-and-play" devices that, upon connection, take only a moment and the computer will "recognise" them and they're ready for use with any video capture/editing programme you may have, Bt just occasionally you may strike a device that requires an installation disc, like yours
might be. Usuually when you buy these things, they come with video editing software in the packet. Sometimes they're
bare-bones versions of Power Director. Hope this has been of some help. There are many more users on this site who can render further assistance, don't be afraid to ask.
Cheers!
Neil.