While it lacks many basic features of modern day consumer video editing software (such as captioning, transitions, and image stabilization), it makes up for it in convenience. The tool, which requires no additional software, or browser plug-ins (besides Adobe's Flash), lets users make minor edits to videos they've uploaded, as well as stitch several clips together into one. Back in June, YouTube released an experimental tool that had been long asked for by its users: a browser-based video editor.
