The Meaning of Jahshaka
I'm no expert on video editing, but the new version of Jahshaka looks pretty cool to me. Apparently, it's [t]he worlds first OpenSource Realtime Editing and Effects System. Jahshaka takes advantage of the power of OpenGL and OpenML to give its users exceptional levels of performance. We currently support Linux, OsX, Irix and Windows, and Solaris is on the way! Jahshaka is licenced to the public under the GNU GPL agreement.
For those better qualified than me, there are features, screenshots and a gallery available.
What interests me most about Jahshaka is that fact that open source is moving into yet another area that has traditionally been a bastion of closed, proprietary programs.
Also worthy of note is that Jahshaka is yet another free program that runs on plenty of platforms, as the above quotation indicates. One of Windows' dirty little secrets is that it runs on one and only one platform.