Windows Live Movie Maker
Very good
Full user review
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"Terrible timing issues... just sucks."
Pros
It installs and uninstalls
Cons
Editing timelines is crazy - they move when they shouldn't.
Visual queues are deceiving. A piece that last .5 seconds will look the same as a piece that last 5 seconds in the storyline / storyboard / whatever the place where you see the video is.Summary
Windows Media Player (Windows XP) was decent. Then they made it simpler by breaking everything... Now I need to look for new alternatives.