Right. My only S0 device so far is the 6110 Navigator (not even NSeries), but it does have a pretty decent, simple video editor that lets me at least cut clips and re-arrange them to make a new movie. It also has two basic effects for transitions.

I remember reading somewhere that later models have worse or no video editing, and it is very irritating we don't find anything like this on the N900... after all, one of the the main points of the device is to share media. I will not share unedited video material. I need to cut the last 2 seconds when somebody walked into the picture. I want to use a second clip i shot afterwards as a 3-seconds-intro. I want to be able to use the soundtrack of one clip for the whole movie. And finally, I need to be able to change its resolution/size so it will upload via 3G in reasonable time.

I don't say something like this has to be available out of the box (although I'd like it), but it should certainly be available for the platform. As video editing is one of the weak spots even on desktop GNU/Linux, I don't expect much community support here, though.