This is a flash application that mixes video using YouTube as source footage. I was recently invited to give a lecture/demo for this project at the LPM festival in Rome.
It’s still a work in progress– I’m finishing up with the trim/scrub functions, as well as implementing some simple color FX.
Click here to check out a walkthru on how to build your own (Warning: some of the code is obsolete since YouTube moved its codebase to AS3 in October. Planning an update to the ‘tute soonish….