[tehwayne]

sounds to me more like the editing of current partial clips or future partial clips online (mobile uploads sounds like the perfect target)

more like video editing for the average joe, rather than a full out way to post-process your files, and small short shots like what you would typically see on FB would be perfect for this

I wonder what the actual stats are for the number of clips people have on youtube that are these types of small clips for friends, family, and fun? because, yea, for the top seen videos this would be not so useful as those are mostly post-processed (but I guess quick editing would be nice, like annotations being very simple and heavily used despite post-processing options)

also wonder if you could clip together multiple clips to get beyond the 10 min. time limit... but the system probably already accounts for that...

another last thought, I wonder what cool things people could possibly do with this for fun. youtube is known for innovative content, so it might be interesting. also, what about the possibility of different people uploading to youtube to form a single combined clip w/ different shots w/o the need to send it all to one computer for editing?