LiVES is a free video editor developed for Linux operating system. It has a blend of real-time video performance and non-linear editing. It enables users to edit and make videos without worrying about the video formats, rates, frame sized, etc. Furthermore, it also performs as a Video Jockey software because of its multitrack timelines, mixing of clips and switching.
Cinelerra *had* the most promise and it’s probably good if you want to run a TV station. However, it’s not creative at all. Simple edits are easy. However, anything else can become a stunt. IMO, Kdenlive has seen the quickest growth. Lives is also doing well. In the next few years we may see those apps grow into the free alternative of Finalcut – but not Cinelerra. It does what it does, and there is no need to change.
I am getting a bit sick of comments like this. Use BLENDER 3D!!!!!!!! It does not crash, it is powerful and it has more features than anything that you could pay for. How many programs out there can do camera tracking? Inserting animanton into your film using camera tracking? Complex fades that interack with your own art work? Plus of course all the basics. Be sure to watch the new film coming out that is made by the Blender foundation using almost nothing but blender. It is called Tears of Steal and should be out soon! (late August 2012)
If I was willing to continue using commercial ransomeware, what I would be doing right about now would be switching to Apple, because apple video editing does everything you need and it works. Every time over the last few years I’ve asked anyone who has made their own professional looking video what software they used, the answer is ALWAYS Apple. I know somebody who mailed all of his original home movies (we’re talking film here) to Europe so a relative using Apple could make them into DVDs. But Apple’s too busy turning into big brother for my liking, so if I have to start over, I’m migrating to Linux. There is no point in struggling to learn something new and even get good at it only to have control of your work wrested from you by corporate controls.