Comment Looks promising (Score 1) 120
This is exactly what both Windows and Linux needs right now.
In Windows our only free choices apart from the crippled Windows Movie Maker (limited in too many ways) are nightmarish utilities or trial versions of payware (like VideoPad).
In Linux there are certainly projects out there, but they either seem to have stalled in development, been abandoned, crash all the time, or we're waiting oh-so-patiently for v1.0 to arrive.
This new VLMC looks like it should really hit the spot. They have a YouTube page with this demo
http://www.youtube.com/watch?v=02vdwNsvbZI&hd=1
and with a bit more polish, transitions and effects it should be all that many of us need. Well done to the team, I for one am looking forward to the first release in February.
Heck, if they could put together a quick Live CD/USB iso so that I could play with it, I'd test it too