MediaEdit 3.1 Beta 1 / 3.0.6

MediaEdit is a premiere movie and graphic editing tool that lets you add stunning effects and transitions to your movies. It is the only movie editor that works a lot like a painting program.
There are tons of cool effects and over a hundred transitions to choose from. It not only edits video, but also audio.
It allows you to edit individual or multiple audio tracks to make your movies dance. Its ease-of-use lets even beginners to create movies that could impress even the pros!

Main features:>
- Supports virtually all QuickTime compatible files
- Unlimited media layers
- Add video, audio and text instantly
- Non-destructive editing
- Multiple levels of undo
- Live previews and background rendering
- Capture video and audio
- Powerful yet easy-to-use timeline
- Resize and position clip display region
- Comes with standard effects, filters and transitions
- Video composition: chroma keying, matte, hard light, etc.
- Export to QuickTime, DV, MPEG-4 and to the web
- Add chapter markers
- Create slideshows

System requirements:
- 1.0 GHz CPU recommended
- 1 GB RAM recommended

Version restrictions:
- 30 days trial.

Enhancements:
- New paint tools to draw directly onto your movie!
- Improved clip selecting and resizing.
- Improved video capture.
- Fixed issues with loading .png images.
- Fixed limits on length of file names.
- Fixed timeline flickers.
- Fixed timeline time info on scale.