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At the moment this is designed to process the very bad amateur handycam footage online. The before and after processing videos are worth a watch though.

The YouTube online editor is beginning to look like iMovie, could Randy Ubillos be moonlighting? The GUI does look familiar or is it the fact that we will all end up with one common edit system in the future?


That's not the reason for the story though. Checkout the before and after stabilisation videos. There are some weird effects going on in there and the verticals are not vertical, but it is solid. Maybe too solid in places

Before stabilisation


This is obviously a long way off for us pro/semi-pro users, but it is an interesting glimpse into the future where super fast internet connection speeds means you can edit online & have YouTubes' servers doing all the stabilisation, rendering, conversions and then publishing for you.