Gnome peep started this tendency of oversimplification. Some times you do want features. Some times you do want what you call “bloated”. ‘Less is more’ doesn’t mean less is actually more, it means “Do more with less”. It is annoying as hell when programs start to remove stuff that you actually use because they try to follow this blind tendency towards nihilism ad absurdum.
Applying effects is as easy as drag and drop. But if you want to edit them, you'd need to right click on each clip and select Properties. You'd need to experiment with not-so-well documented parameters which take forever to preview just to see if you are on the right track. It is sort of easy to learn unless you want more than drag and drop controls. See More
Blender – 3D animation suite (cross-platform) : Blender is a 3D graphics application. It can be used for modeling, UV unwrapping, texturing, rigging, water simulations, skinning, animating, rendering, particle and other simulations, non-linear editing, compositing, and creating interactive 3D applications, including games. Blender’s features include advanced simulation tools such as rigid body, fluid, cloth and softbody dynamics, modifier based modeling tools, powerful character animation tools, a node based material and compositing system and Python for embedded scripting.