Macworld's Jeff Carlson has a first look at the new iMovie.
It's unfortunate to see that some features of the previous version -- which, in all actuality, was not a previous version at all but a separate product that's been discontinued -- are gone, but they do at least allow you to download the old iMovie for free.
Still, the Macalope agrees with Jobs' assessment that it was simply too hard for amateurs to easily and quickly make movies to upload to the web -- to get that instant gratification -- with the former application known as iMovie. There's little excuse for remaking a product and stripping out features, except for if no one was using it because it was too complicated. And, indeed, this has been the horned one's experience with it. Not that he couldn't figure it out, but that the mere thought of going to the trouble required has meant that his MiniDV tapes go straight from the camera to a box in the office and never see the light of day again.
Perhaps there are some iMovie junkies who will really be upset by this, but sadly they're just not the target market for the app. Upgrade to Final Cut Pro, Apple will say. Grandma needs to slap together that film of her kitty playing the piano.