Splice – Video Editor (Free) for iPhone 3GS, iPhone 4, iPod touch (3rd generation), iPod touch (4th generation), and iPad on the iTunes App Store
Splice together HD photos and videos in an amazingly simple way. Add music tracks from your iPod library, sound effects, transitions, borders, effects (like Ken Burns, slow motion and fast forward), trim video and audio, narrate with your own voice, and much more.
Posted from Diigo. The rest of my favorite links are here.