Best software for creating audio snippets from digital video?
I have digital video from my Sony HD camcorder and DVDs. I want to grab a few sound bites from the videos, along with adding some music bumps and turn it into an MP3 (or something similar) to play on a computer for an event. What would be the best way to go about this? This is a one time thing for me, so I am looking to do it without investing a ton in new software.

You can try 4Easysoft Total Video Converter:
Click here to see the full reviews and have a free trial:
http://www.4easysoft.com/total-video-converter.html
It can convert almost any the video format to another with high output quality.
The key functions are:
1.converting all mainstream video and audio formats
2.extracting audio tracks from video files to other audio formats
3.supporting all popular portable multimedia players
4.editing video-Merge, Trim, Crop and Snapshot
Try now.Hope it will not let you down.
You need a good video editor!
I use this one,seems good,you may have a look,not bad!
http://search.yahoo.com/search;_ylt=A0oGkxCa6wlLkj4AlURXNyoA?p=site%3Ahttp%3A%2F%2Fwww.best-video-editor.com%2F&fr2=sb-top&fr=siteexplorer&sao=1
for new video editing softwares, you may check :
http://newsoftwaredaily.com/category/video-recording/