HOW TO: Video Editing 101
Tis the season for sharing home movies–but don’t try your friends’ and relatives’ patience waiting 
for something good to happen in the hours of tape you shot on vacation. You need to learn how to edit your video, to turn boring footage into compelling movies.
In the old days, editing home movies meant investing in pricey equipment or spending painstaking hours with a pair of VCRs. These days, all you need is a $250 digital camcorder, a relatively powerful PC, and some decent software.
Filmmakers like Steven Soderbergh (Erin Brockovich, Ocean’s Eleven) have produced big-screen features using little more than a camcorder and a Mac. And let’s not forget the overnight fame that YouTube has brought to countless camcorder-wielding nobodies.
You, too, can be one of those nobodies, or at least someone who can produce a decent wedding video–but not until you learn to edit.
Fortunately, film school is not required. You can get started with software you probably already have. Once you learn some basic concepts and get some practice, you’ll be cranking out YouTube-ian masterpieces in no time. Here’s how. Alpha Geek: Video Editing 101 - Lifehacker