Get Help & Advice on Installing & Using Karaoke Software by Power Karaoke

I love karaoke and was astounded to see it is available here for my computer!!! Brilliant! I want to get started ASAP and have a karaoke party! Any advice? I am confused by what I read about CD+G or MIDI or MP3... what is better? Can I use the typical large-jack mike on the computer? Please advise me on how to begin. Thanks!

PS: I bought a crappy VocoPro machine 2 years ago which requires switching CDs too often, I hate it.

Power CD+G Player Pro will play your karaoke discs and files from hard disc. You may need Power CD+G Burner to read files from CD+G discs to hard disc. Or you may go video way and convert your discs to AVI movies and then play them in Windows Media Player -- Power CD+G to Video karaoke Converter will work for this.