iMovie for the iPhone

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iMovie ($5), Apple's easy to use video editing tool, is making its way to the iPhone with a new app that lets you make the most out of the phone's new HD camera. Just like iMovie for your Mac, the new app comes with themes and soundtracks to complement your video as well as the ability to add in your own photos and music. They've also made it easy to share your videos with direct uploading to Youtube and MobileMe or through e-mail and MMS. Link