Movie editor under $100, Sony Vegas Movie Studio 9, or Vegas Movie Studio HD?

Question by LDfamily: Movie editor under 0, Sony Vegas Movie Studio 9, or Vegas Movie Studio HD?
I am a student that is making a video for a video competition. I know a lot about computers, and MWMM (Microsoft Windows Movie Maker) lacks the capabilities and tools I need. I would like a maker under $ 100 with layer support and an intuitive interface (Translation: less digging around in menus!). Sony Vegas Movie Studio 9 and HD are in my budget and interest. Are there others that fit my needs, is Vegas the right studio, or is Premiere Elements, or anything else? I want a good, cheap solution.

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