As December gets closer, I'm getting excited about this beauty landing in my stocking. For a long time, video editing has been less than spectacular on Linux, but with the release of Lightworks in December, that's about to change. A previously proprietary application, on which The King's Speech, Martin Scorsese's The Departed, Mission Impossible, Pulp Fiction, Braveheart and Batman were edited, Lightworks is a stunning product that is being open sourced. It's not for beginners, but if you know what you're doing this will have you nominated for the best picture category in no time.
As well as offering all of the features one would expect from a non-linear video editor, "Multiple users can work on the same Lightworks Project at the same time, collaborating on edits with fast, intuitive user permission controls." This is the real potential of video editing and something that is long overdue. Linux release 19th December 2011