Free video editing software

Seriously, is there one ? A "good" one ? The answer is yes, there will be, just in a few weeks...

The VideoLAN organization (the house of the famous VLC Media Player) is currently developping a free video editing software, offering features to realize semi-professional quality movies, but with the aim to stay simple and user-friendly. This software, called VLMC (for VideoLAN Movie Creator), will be available very soon (February 2010 ? ) in a pre-release version for Linux, Windows and Mac.

Be sure that as soon as I will be able to install it, I will test it !