clipped from www.readwriteweb.com

So you've shot your masterpiece, but it's a little rough around the edges. If you have any hope of winning that Oscar, you're going to need to do a little editing. But renting out an editing bay means thousands of dollars and figuring out what all the shortcut keys on the Avid keyboard do. But wait, you're in luck! Friday evening, YouTube launched their new video editing tool: YouTube Remixer, in partnership with Adobe. Avid it's not, but perhaps it's just what you need to turn your raw vacation footage into Spielberg or Coppola.

Unfortunately, YouTube's Remixer debuted to some rather tepid reviews, in part because it is more or less the same software Adobe rolled out with Photobucket in March. But wait, you're in luck again! There are a bunch of other online video editing tools, and we'll take a brief look at some of them below (though again, don't expect Avid).