Q: Can I read any type of video or audio file that I many have on my system and output it through your product?

A: Video has to be in DV format (existing digital video (MJPEG, etc) can be converted using MediaStudio) audio must be in DV sampling rates (32 12/16bit,44.116bit, 48 16bit etc. etc.) you can convert in SoundForge or other software.