Errrr... it doesn't matter what video editor you use. So long as you encode your video in MPEG-1 format, you can use burning software to create a VCD from it.
Hook up a VCR player to a ADVC and connect it via Firewire to your computer.
Open Edius and start playing the VCR and start the capturing on Edius.
Once you have generated the .avi file, you can convert it and burn it to a DVD if you like.