Hello, I just bought a PC with windows 8. It also came with a CyberLink program to watch DVDs and Mpeg files. I have stored, over the years lots of MPEG 2 files. These MPEG 2 files I can see in CyberLink DVD player, in Windows Media Player but when I add these files to the timeline of the MovieMaker, only the sound works and the video is completely blank (black screen). In XP Home edition, which I had previously, I had the same problem with the MovieMaker: that MovieMaker accepted only AVI files. 
Because my old Pinnacle studio 9 with XP Home edition does not work on this new Windows 8 anymore, I cannot convert MPEG2 files to AVI files (as I did before, with Pinnacle Studio 9). 
Could anyone help me elucidate this problem?
In the specs of the movie maker is written that it accepts MPEG 2 files. Confusion, then!!!
Thank you.