First, is the s-video is for input or output. I hardly hear any laptop with a video in unless a firewire is build in.
Anyway, you can try to use Ulead video studio 8 on that laptop. For the camcorder, you can try either sony, canon, JVC or panasonic. The model is hard to say since it depends on ones budget. Take a look at the camcorders at this <A HREF="http://www.dvspot.com" target="_new">website</A>.
P4 1.7Ghz @ 2GHz, 512MB PC800 RDRAM, 64MB Abit Ti4200, 60GB Maxtor, 120GB Western Digital, 48x24x42 TDK CDRW, 16X ASUS DVDROM, SB! live 5.1DE, Lifeview 3000 TV card