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I have been running Kino for some time now first on OpenSUSE, now on Kubuntu and it works. No fancy effects, just the basics - trimming and some basic effects. But it actually works. I would like to find some better app for video editing but do not want to switch platforms just for this (I do edit videos just one in i while..).
There is cinelerra http://cvs.cinelerra.org/ for linux, but i havent used it in a long time.
Please allow me to correct your information:
Vegas works with 'what-ever-codec' is installed in the system, ranging from Video for Windows codecs (like old DivX 3) and latest MPEG4 codecs, even Quicktime.
It properly support exporting to MPEG2, AVI DV, DV (raw, which maps to .dv files under linux) and other formats, even OGG.
BTW, was the first NLE to ship with Audio exporting to OGG.
I use Vegas Video 7.0 every day. One thing to note was left of out of the review is that Vegas allow you multiple instances of the application, which let you work on other projects while exporting or doing some rendering. YMMV due hardware requirements, but on Core2Duo I can have 2 or 3 instances working without too much problems.
Also, the velocity envelopes concept implemented in Vegas is more close to the audio editing concept than video, which make timeline handling a really big thing compared to strcit NLE like Premiere or Canopus EDIUS.
Plugins support also came from proDAD (a german firm) who makes Adorage, Vitascene and Heroglyph using the DirectX plugin architecture that Vegas provides.
OK, just my comments ;-)
It imports and exports far more than just Sony video formats. Get your facts straight.
Supported Formats
Import: AIFF, ATRAC, AVI, BMP, GIF, JPG, MMV, MP3, MPEG-1, MPEG-2, MPEG-4, Sony M2TS, OGG, PCA, PNG, PSD, QuickTimeŽ, SFA, SWF, TGA, TIF, W64, WAV, WMA, WMV
Export: AC-3, ATRAC, AVI, MP3, MPEG-1, MPEG-2, MPEG-4, OGG, PCA, QuickTime, RealAudioŽ, RealVideoŽ, W64, WAV, WMA, WMV
I use Vegas Home Studio Platinum, and it's a very powerful tool for $70.
EDIT - Luis beat me to it
Edited 2007-11-14 14:34
Thats what I meant with "propritary".
Welcome to the "not-so-standard" world!
Some owners of Sony DVD Handycams (DVD-VR is the format) reported that footage captured in 16:9 by the camera (in MPEG2 Program Stream format) wasn't flagged as "16:9" stream and required you use the Sony download utility to properly correct that.
That happens with Panasonic, JVC, and whatever you name as creator of consumer, professional and broadcast equipment.
XDCAM is a transport system and not a format [1], the thing recorded in the optical disc are DV or IMX files.
HDV is set as "standard" between Sony, JVC, Canon and Sharp that later get support by major software developers like GrassValley, Adobe, Sony and others. [2]
There are a few "breeds" of HDV that aren't compatible between each other, take as example JVC's variant of HDV: ProHD [3]
AVCHD [4] was set as "standard" (consortium) for HD in H.264 (MPEG4) format by Sony and Panasonic for flash-based camcorders.
Every software implementer took the best codec implementation for the task and used in their solution. Another "standard" solution.
So, at the end, everything is propietary :-)
[1] http://en.wikipedia.org/wiki/XDCAM
[2] http://en.wikipedia.org/wiki/HDV
[3] http://en.wikipedia.org/wiki/ProHD
[4] http://en.wikipedia.org/wiki/AVCHD
doesnt run on linux :-)
Neither does Photoshop, Premiere, Cubase, Sonar, Avid, Pro Tools, Reason, Halion, Logic, and a ton of other creative applications that have no real equivalent on Linux.
Unfortunately these software vendors choose not to code for Linux, which is unfortunate.
I find it highly unlikely, unless someone on the WINE team specifically put effort into getting it to work.
I know a lot (okay, most) of you folks hate Windows, but there's a time and place for it, especially until software houses choose to open up their eyes and realize there's a third (major) player out there to code for.
Hehehe... Probably a mispelling when referring to the third least-known Vega brother: http://en.wikipedia.org/wiki/The_Vega_Brothers (By the way, I really wish that Tarantino could get such movie going... It would be awesome!)
Kinda like Chad Vader being Darth Vader's younger brother trying to get outta his older brother's shadow, you know? OK, I'll shut up now... XD
Before buying, I ran both programs on my low spec portable. Vegas was smooth, Premiere slow and sluggish. For me, Vegas was the obvious choice. Vegas is stubborn and has character, and its users are very loyal. Updates and upgrades are stable, and this is where the competition fails (pinnacle anybody?).
If you want a more advanced editor then Kino for Linux then get Mainactor:
http://www.mainconcept.com/site/?id=954
I tried Cinelera awhile back and it was way to unstable to get any work done. Havent tried it lately though.
Mainactor is no longer being sold:
http://www.mainconcept.com/site/consumer-products-4/mainactor-v5-15...
There is a possibility that it will be open sourced:
http://pdavila.homelinux.org:8080/blog/?p=226
You mentioned something about "It can crash all it wants" but you didn't mention whether or not Vegas crashes in any way you can cause or just have randomly happen to you. There are a lot of people that will run away from a product that crashes, especially where their time and sanity are worth money.
Also, the playback rates: sounds like you'd assess that you'd be better off editing it under Windows under Vegas, but watching it on Mac for good playback performance: seems like a dual-booting Mac would fill the bill nicely 
That's Brian da Motta, guitarist of the rock band Drist. Check the "rehearsal with the Drist" video to see that video shown in the screenshot:
http://www.youtube.com/user/DristTV
I shot a few interviews for them.
Edited 2007-11-15 02:11
After I read the review the first time, something was sticking in my brain, that for the life of me, I just could not explain, it didn't feel exactly right, no not right at all, when I realized you weren't on the ball. You say the PPC kept nicely at the desired speed and you gave the CPU's rate, you stated the PC dropped frames and gave its speed, but that still is not all that great, as there's much you left out that's required to truly know, if the software was limited by hardware, or if the software was just so-so: what speed were the hard drives and what were the machine's RAM, because if the PC was notably lacking, of course it will go BLAM! So, tell me, Eugenia, also which OS's versions were used as well as video cards besides, before I continue this rhyming, and everyone groans and hides?
Jonathan, you don't understand. The reason iMovie and FCE didn't cut it for me because they don't support 24p, not because of any OS versions or graphics cards. The reason for me going with Vegas was its sheer features, not how much faster or slower my PC was. iMovie is great as a learning project, but after a month, it just doesn't cut it anymore in terms of NLE features.





are left out for a reason.