The program comes with a host of transition effects, for instance. You can tweak colours, brightness, contrast, levels and more in a range of ways. And there are options to apply blur or sharpen filters, flip or rotate clips, tweak audio, add captions and more.
Wide file format support means the program can accept most audio and video formats, as well as many still image types.
And when you're done you can author videos for a range of device types (iPod/iPhone/iPad, PSP, Sony PlayStation, Xbox, Zune, Archos, iRiver, Creative Zen, Blackberry and more), as well as burning your movie directly to DVD.
Import the clips anyway and you'd expect to see them on a timeline, but you don't. They're concealed as part of a "scene" and don't appear by default. You can display them, but they can't be rearranged as you might expect, because this is a "non-linear" editor and, well, works differently.
Download: VSDC Video Editor 126.96.36.199