My friend wants to get a computing for video editing (budget €1000 +/-€100)

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Pelagic Argosy

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in: $1,260.35
in: £673.531
She wants to know what components are most important for it, what video cards are good for video editing and what arrangement storage should have. Also, does anyone know any decent video editing programs that won't break the bank? This is for editing home videos from a digital8 by Sony.

Thanks in advance.

Edit: Ignore the typo in the title please!
 
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We figured that, I just wondered if there were any special considerations to be made for video editing, such as video card features etc. So, would you say that any pc with decent specs is suitable for video editing?
 
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