honestech Video Editor 8.0 is a video editing software that is easy enough for beginners and provides many creative options. The Easy Mode is made up of simple 3-step process and is recommended for beginners. The Advanced Mode has powerful editing tools including the timeline and various special effects to help you create professional quality video. Features

Capture/Import
Capture video and audio from DV/HD camcorder, TV tuner, webcam, microphone and more.
Real-time Preview
Preview special effects, transitions, and overlays without rendering.
Special Effects
82 special effects, 84 transition effects and 79 title effects available.
Audio Recording
Record audio and import background music to multiple audio tracks.
PSP and iPod Formats
Convert edited video into MPEG-4 format that you can watch on your PSP and iPod.
Upload to YouTube
Uploading video to YouTube is easier than ever with One-Click option.
Game Consoles
Watch your final movie on game consoles!
DVD Creation
Burn your movie onto DVD, CD or Blu-ray Disc (requires Blu-ray writer)

Input/Output Formats
Video Input : AVI, DV-AVI, MPEG-1, MPEG-2, VCD, SVCD, DVD, Blu-ray Disc, WMV, DVR-MS
Image Input : JPEG, BMP, PNG
Audio Input : MP3, WAV
Video Output : AVI, DV-AVI, MPEG-1, MPEG-2, MPEG-4, VCD, SVCD, DVD, Blu-ray Disc, WMV
Audio Output : WAV