You're probably familiar with VLC Media Player, the FREE, open source, cross-platform media player and video converter that has been downloaded over 400 million times worldwide. Well, VideoLAN has been chuggin' away on non-linear video editor for quite some time and it too will be FREE, open source, cross-platform software. Initial project estimates had the Windows version being released sometime this week, but so far not a peep from the official project site. While we wait you can check out this YouTube video the VLMC team published that gives you a look at the new interface.
If you get your hands on it before I do, be sure to send me your thoughts.