Apple iMovie or Adobe Premiere Pro (depending on size and complexity of project)
and
Adobe After Effects

Apple iMovie - easy to use, fast, powerful enough for most things, cheap as well.

Adobe Premiere Pro - extremely powerful, although not very fast.

Adobe After Effects - the only app for good visual effects, but not very easy to use. Actually, one of the hardest to use of all. (If you learn to use that - photoshop seems like iTunes to use).

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Permalink Reply by xforever1313 on January 20, 2010 at 3:10pm

i use Roxio Videowave. Its simple like movie maker, but more powerful (can do overlays, chromakey, etc.)

granted, it not Adobe premiere/after effects powerful, its still a good editor in my opinion

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Permalink Reply by EliteGeek on January 20, 2010 at 3:20pm

iMovie - simple, nice layout, does what I want, how I want.

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Permalink Reply by Jeff on January 20, 2010 at 3:39pm

sony vegas pro, very simple to use yet many advance features for more complex editing

then of course after effects for any special effects

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Permalink Reply by Pinak Kapoor on January 20, 2010 at 5:08pm

When on mac : Final Cut Express or Final Cut Pro

When on PC : Sony Vegas or Pinnacle 14 :)

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Permalink Reply by Phoobar on January 20, 2010 at 5:29pm

Older version (2.5.5.512) VideoReDo Plus. Edits any video I can throw at it from either an analog or ATSC TV tuner without trashing the file like other editors. The newer versions will not handle anything I record with my ATSC tuner.