VLC Are Going To Release A Video Editor

I don't normally get excited for a new release of a video editor program on Linux. There are many already there already and they mostly don't work so well.
This time I'm actually excited. The creators of the famous cross-platform program VLC Media Player are going to release a new video editor going by the name of VideoLAN Movie Creator (VLMC).
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VideoLAN Movie Creator
ossblog.it: Pensate che ci siano già abbastanza editor non lineari per i video in circolazione? Il team VideoLan crede di no ed ha proposto la sua alternativa che sarà multipiattaforma: VideoLAN Movie Creator.
Rest Here
(ok, it's in Italian, but there's a screenshot).
VLC Video Editor Video
Watch Here