Ben Brooks, on editing video shot with his iPad 2 at SXSW:
In less time than it has ever taken me to record and edit a video I produced a short clip with a voice over added after the fact in no time at all. The iPad did the encoding and converting quickly and painlessly.
[…]
What I learned is this: editing video on the iPad is the only way to go. I can’t see a need for ever wanting to edit on my Mac again. iMovie for the iPad really hits a sweet spot and that sweet spot is called user experience. It offers a grand user experience. I think the iPad is really starting to find its spot in my life.