New Movie Editing Software for the PC

The small Japanese software company LoiLo has introduced LoiLoScope MARS software which allows PC owners to easily edit and share (for example on YouTube, iPod or cellphones) their own digital movies. The software is cheap, easy to use and Super LoiLoScope MARS can even handle footage from an HD camera. Because the developers have a background in gaming, LoiLoScope MARS has an interface some will find annoying (peppy music, bright colors and a Pokemon-mutation for a mascot). But the functionality and value of the program is impressive.
LoiLo offers a free download but for $69 you can get the "Super" version that handles HD (provided you have an HD camera and your PC has an NVIDIA GPU) to encode, decode and playback high-quality, high definition movie files.
HD editing on a PC for $69? And Super LoiLoScope MARS provides functions that more expensive programs (that are not as easy to maneuver) will almost certainly end up copying.