Assume that Studio Plus Lite is limited version of the full Studio Plus software from Pinnacle. I use this video editing package regularly to combine video content with still images, music, text, etc. I then create DVDs.
I shopped around quite a bit before buying Studio Plus – and it seems to be about the best available for the money.
Check out http://video-editing-software-review.toptenreviews.com for comparisons of various packages.
You’ll need a fairly modern high end PC to run these programmes – and make sure everything else is off!