Magic is script that uses a old but powerful decompressor.... It makes a avi at the resolution of the original file that can be 10 times in size.... this is the downside. some of the users here wrote the Magic programto make the process easy to do. It does take time and space though. My slower computer is about 2 to 1 times the original in time to decompress.
The new files are now editable on the time line in power director. I am using versions 13 and 14 without problems. My experieance is only a matter of days old at this point. I am doing 4 4k files in the 8 minute range in multicam with a seperate audio from the mixing board at the event.
Last of all there is a batch processing routine in the instructions that allows processing while you do chores and then get into the editing session later. This can be fournd under the power director 14 page of the forum is a lengthy thread on this program.
I haven't had time to look at your computer strength and I am not knowledgeble when it comes to amd processors. Intel is said to be a better processor for video. I have a third machine with a amd 8 core 3 ghz processor and older graphics i will try in a few days... 16 gb ram is standard on all my machines.
Is your machine a laptop or desktop? A quick search brought up laptops...Amyway hang in there...
Ray