Are online video editing sites any good?

One of the new things on the web are online video editing sites, which allow you to do scene transitions, cuts, splices, audio overlays and other editing features online.

The big advantage is that these sites are completely free, but does it really work well, and isn't it too inconvenient that you may have to wait ages until your video is uploaded to the site before you can start editing? Extreme Tech decided to take a look at five video editing sites: Cuts, Eyespot, JumpCut, Motionbox and One True Media.

None of these free services is going to put installed video editors like Pinnacle Studio or the $800 Adobe Premier out of business. If you're willing to spend about $50, you can go with Pinnacle Studio or Ulead VideoStudio. But these free online services offer a way for regular Joes to have fun manipulating their multimedia digital content and also give them an easy way to share them with friends and the world at large.

Check it out over here.