hey guys,
I have just looked over the live editing one and realised something, wasn't part of the early concepts related to cutting and splicing video?

One of the guys gave an example relating to shooting a video stream, pause move/adjust/change settings continue recording - which is the only real need for live editing.

the artwork is concentrated on the photo aspects, which are taken care of relatively easily right now.

being able to do the simple video editing functions from the device at or soon after capture time is the feature missing that has been mentioned often.

even such things as cut and splice directly would allow you to shoot movies at an event, cleanup and organize your movie in the taxi and present live from the device at the aftershow party!