This camcorder records in analogue using Hi-8 tapes, which means that you will need some way of capturing it in digital before you can use the footage on the PC.
The handiest way to transfer footage to your PC is with a capture card for the PC. Most TV tuners have an SVHS or composite input, so if you have a TV tuner in your PC, this will also work. With suitable capture software (which usually comes with the card), you would transfer footage in much the same way as to a VHS tape or DVD reocrder, i.e. press play on the camcorder and press record in the capture program.
The following product on Newegg is an example of capture card which comes with capturing software:
Once you have the recordings on the PC, you can use and edit them as with footage transferred from a DV camcorder.
While the majority of camcorders are now DV based and moving towards HD, it's still worth trying out your camcorder to see if you're happy enough with the picture. I'm sure its picture quality is still way ahead of what most digital cameras are capable of taking as video clips as well as some entry level camcorders that don't have good optics or sensor.