Videator

Videator...Make and Edit movies - Realtime interactive VEEJAY - combine movies, images, text & paint!

The ideal partner for iSight or digital video camera. Non destructive movie editing in real time. Out-of-this-world effects... instantly.
Videator is a movie-making and video processing powerhouse. You can apply over 108 different filters, effects and transitions, as well as layer other movies, images, paint and text to create QuickTime movies, PodCasts, slideshows, or snapshots. $49 and free upgrades for life.