The instruction book refers to MotionDV Studio 5.3E LE. To your pc via windows movie maker which you will have if you are running XP.
Was the new version you downloaded listed as being compatible with Windows 7? The install file you downloaded might be corrupt - try redownloading it then installing again. Windows 7 Compatibility Center to check program and hardware compatibility: Troubleshoot Compatibility This can help with some (but not all) programs/drivers: 1) Uninstall the program if it's already installed. Then when you install/reinstall it instead of double clicking on the install file right click it and select 'Troubleshoot Compatibility' 2) Then click 'Try Recommended Settings' and in the next window click 'Start the Program' to install it. 3) After it installs see if it works correctly. Please note - some programs may not be able to run in Windows 7.
More details about how to make older programs run in this version of Windows: MCC 2011 TrekDozer Sharing bits of knowledge.
There is an update for Windows 7. Load the files to your computer and execute them from there. Don't try and download just the drivers, you need the complete software package which also install drivers via a Package Installer. Av.jpn.support.panasonic.com/support/global/cs/soft/download/mdv56w7.html Oct 24, 2012 - Target Software, MotionDV STUDIO Ver. Receive the downloaded file.
Download the following file into the folder created in STEP 1. Target Software: MotionDV STUDIO Ver. Post-application Version: Ver. 6.0E LE L06 Date Updated: Oct 24, 2012 av.jpn.support.panasonic.com/support/global/cs/e./download/downdvcusb.html USB Driver bundled with Panasonic NV-MX500/GS40/GS50/GS70 (Digital Video.
E.g.: c:emp; Download the following file to the folder created in Step 1. Av.jpn.support.panasonic.com/support/global/./download/motionDV60ELE1.html Jul 2, 2007 - Target software, MotionDV STUDIO Ver.