Open source video editing? You betcha.
Well at last I am doing full DV HD video editing on my linux desktop. It is *NOT* adobe premier pro, but it works for me. YMMV!
On my spanky Ubuntu Lucid 10.4 64bit,(and on Karmic too) I installed a bunch of great stuff:
First, lets install Openshot. It is weak on compositing or frame by frame editing, but it does some pretty awsome effects and makes inskcape your title editor. Also if you master out wuith it, will do Vimeo, youtube and flicker and picas video al in HD, yup, very nice, but you need some extras
sudo apt-get install inkscape libavformat-unstripped-52then install openshot (Karmic or better)
sudo add-apt-repository ppa:jonoomph/openshot-edge
sudo apt-get update
sudo apt-get install openshot openshot-docOk, now lets install kino, kino provides single command to pull a steam off your DV camcorder over fire wire, just type dvgrab. also Kino will do compositing with key framing. so, picture in picture, rotating one video inside another, and automagically converts video to DV format for editing.
sudo apt-get install kino dvgrabNow get rocking, on those videos