When working a film convert it from movie format to a bunch of stills (you can render it so. I think andrew has a video on this). Make sure to do this in a unique directory because you get about 24 pics per second. The format for these pics should be png or if you want to do a lot of composting then OpenExr is the way to go but the files are bigger and might slow down and older machine. Think of it this way. PNG has 0-255 for each color of each pixel, whole numbers only. Try multiplying that by .1 and then by 1000 a few times and see what you get. The other system uses floating point math for each dot and that keeps it high quality. PNG works but don’t expect much in the way of high quality compositing.
I have worked with several commercial offerings including Final Cut Pro, Premiere and Video Wave. I recently used Cinelera (on Ubuntu Hardy) on several projects and I like it very much. Cinelera is much more powerful than Video Wave and is more near the class of Final Cut Pro and Premiere. Sure, Cinelera has some stability issues from time to time but they are not major and it also recovers nicely since it saves your most recent changes anyway. To be fair, I have seen similar stability issues with the commercial products as well so I do not find this aspect of Cinelera any different.
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