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The most obvious advantage of editing your own project would be cost - you don't have to pay someone else, although you're doing yourself a disservice...

Hey Paddie, I shot a documentary in Ireland and I got no interest until it was released in the US. Even the Irish media ignored it until it got rev...

If you don't have a few thousand to spend, I would seriously consider going with a good quality SD camera. I guess it depends on the scope of your pro...