Steven,
I am assuming you are new to iMovie 6 editing. My apology if this is not the case. You said you did not know how to do music editing in iMovie HD 6, so I am going to go over the basic process. Yes, it can easily be done. 🙂
In iMovie 6, you have to put the imported video into iMovie's timeline. When you import your video from your camcorder into iMovie, you can put it either into the Clips pane on the right of the main iMovie viewing window, or into the Timeline that goes along the bottom of the iMovie window. This timeline is the actual movie that you are creating. If you imported the video clips to the Clips pane, you need to drag the clips down to the timeline to put them into your movie. You can drag whatever clips you want, and reorder them. If you need to edit the clips, you can crop them to delete any unwanted portions, and/or add titles, transitions, effects.
Once your movie is the way you want it, except for the audio, then click on the little toggling switch at the far left under the view window to change from 'clips' view (looks like a little piece of film negative) to 'timeline' view (looks like a stopwatch).
In the 'timeline' view, you will see your movie clips much smaller and on a single track. There are two other tracks underneath your video. Look at the far right of the tracks and you will see little check boxes. This is where you will control the audio for your movie.
You add the music to one of the two open tracks. You can either drag in a song or songs from iTunes by clicking on the 'Media' tab and then 'Audio' to find the music you want. Or, you can place the playhead at the beginning of your movie, click to highlight the song you want there, and hit the 'place at playhead' to have the audio put into that track. Repeat for more songs.
Now, go back to those checkboxes at the right of the tracks. If you uncheck the first one, no sound will play from your video. Leave the one checked that is on the track that has your music. Only that will play in your movie. To check out how it will look and sound, hit the Play button and see if you like the movie!
Now, if you want to share your movie, go to Share in the top menu bar, and select the option that you wish.
Post back if you have more questions.
There used to be an Apple tutorial for iMovie HD/6 on Apple's web site, but the URL I had for it now takes you to the iMovie 08 one.