Windows Movie Maker 2 Beta makes home movies amazingly fun. With Movie Maker 2, you can create, edit, & share your home movies right on your PC. Build your movie with a few simple drag-&-drops. Delete bad shots & include only the best scenes. Add special effects, music & narration. Then share your movie via the Web, e-mail, on your PC, CD or even DVD. You can also save your movie back to the DV tape in your camera to play back on a TV or on the camera itself.

Further information & Download at Microsoft.