This is a large download that takes a lot of room to install. You start with a downloader, which gets you the setup file at 430 MB -- during install that's expanded into a larger folder in the Temp folder, and the final install takes up closer to 800 MB, so you probably don't want to think about it if you don't have a few GB to spare.
Special Editions & older versions are common with giveaways -- this is both. It can be worth your time & trouble to give it a look though, even if you already have video editing software. Cyberlink's been making video software for a Very long time [I think I used PowerDVD with Windows 3.1], so when it comes to the tech aspects they know what they're doing.
Power Director is their version of a home video editing program -- think Adobe Premiere Elements or Corel VideoStudio Pro. Nero, & especially Sony with their home versions, focus on giving you something closer to a pro NLE [Non Linear Editor] -- software like Power Director is more concerned about making it fun & easy. I suppose that they think if you're not experienced with video already you wouldn't likely appreciate the more pro approach anyway.
That said, my mentioning any Cyberlink software other than PowerDVD is rare, & when I do it's not in glowing terms. Other than the size there's really nothing wrong with this version of Power Director, which is unusual -- a Lot of Cyberlink's stuff [outside PowerDVD] can muck up video in Windows, but this is the rare exception. So if you have heard bad things or didn't like Cyberlink apps in the past, this isn't one of those that justified that view.
If you want to use a more practical video editor, get Nero 2014 Platinum or Sony. Both can be cheap, or even free after rebate on sale. If you want free-ware check out ShotCut, or maybe the older Wax. While they're getting better, I generally don't think of video editors from the usual companies on GOTD [WinX, Leawo, Wondershare etc.] as video editors really.
Except for it's ability to import all sorts of video, I can't think of anything positive to say about ffmpeg, which is what allows most all those apps to exist. The video converters & rippers couple ffmpeg's import capabilities with the included x264 encoder for AVC -- to me that's really all they're good for. X264 is a world class AVC encoder.
Anyway, if you've got the disc space, don't mind the download, & are interested in video, give it a look & hopefully enjoy. :)