Help with DVX100B settings for event filming

Hi - I was wondering if someone out here can help me out with camera settings for an event I'm filming this weekend. I've been messing around with the settings a little for a black and white short I shot not too long ago and was wondering what would be th ideal settings for shooting a birthday party for someone. Settings that would make things look more natural or something. If not something best for this kind of thing could someone please post the factory settings for an event like this in the F1 file for 30P I guess? Thanks

Also

How would I go about turning about 3 hours of video into a playable dvd? would i need final cut with dvd studio pro or...? This may seem like a silly question but I just want to make sure I have all my ducks in order.
 
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