RegEdit is a tool that allows users to view and edit the Windows registry. The registry is a database that stores configuration settings for hardware, software, users, and Windows components. It contains important information for the proper functioning of Windows. The registry consists of hierarchical hives that store settings for different components, like the file system, users, currently logged in user, and computer-specific settings. Forensic analysis of the registry can provide valuable evidence because it stores a large amount of system and user data, including details on applications, users, and hardware used on the computer.