MPG>WMV or AVI?

if I capture my film onto my pc as a .MPG. What should I convert it to a .WMV or .AVI? What's better to edit? I hear people say they gotta change it to avi's. But why? Isnt WMV just as good? or should I convert it to AVI all the time?

avi is bigger and better quality .... files are much larger though

AVI is uncompressed, just like WAV files are better to edit with.

so it still doenst hurt to edit with WMV? it's just a matter of quality?

That and takes more computer resources. It has to load more...

You are best using avi, then compressing it using divx.

whats everyone here convert their mpg to edit with?

I use RAD video tools, to convert to avi.

think you should use wmv, the quality isnt much worse, and its fast downloading and smaller files.