How to edit MPEG2??

[BIGASH]

My incar video records everything into MPEG 2 format and I can't edit this in iMovie, I have tried a few of the converters online but they take hours to convert everything! Can anyone recommend either an editing software (fairly simple) for Mpeg2 or a decent converter? I have done numerous searches but would like to see if anyone has experience of any if possible!

Thanks
James

 

[BIGASH]

No one able to help? I found one last night that is £25 but would rather find a free one if anyone knows of one? If not then no worries and I will have to get that one

Thanks