SegaXtreme

I was wondering, if i shot a movie me and my friend made with a digital video camera, converted it to mpeg or something of the like, could we import it into flash 5 or mx? and we're shootng a mortal kombat movie, gonna add effects and stuff make it look cheesy, yet cool at the same time. would anyone from sx consider posting that since no it's not animated, but it is sega related. We play genesis in it