Whether you need basic tools that let you easily cut-off desired scenes, add background music, integrate animations, etc. or something more powerful, it's all here. While each service offers different editing features, functionality is the same everywhere, i.e. (1) upload your video either from your PC or grab it directly from the web (i.e Youtube, Metacafe etc...), (2) edit/mix/enhance it, and (3) share it with others.

+++ PART 1: Web-Based VIDEO EDITING TOOLS +++

(1) JumpCut

JumpCut

Supported Video Formats: .mpg, .mpeg, .mp4, .avi, .mov, .wmv, .flv, .rm and 3GP

Max File Size: 100 mb

Features: upload videos from hard drive and mobile, title videos, add images and sound effects, add music to the background, cut videos, add transition effects, embed videos elsewhere (Myspace profile, blog, etc), on-site video sharing, add different special effects

(2) EyeSpot

Eyespot

Supported Formats: .avi, .mpeg, .mov, divx, .wmv and .mp3

Max File Size: 100 mb

Features: upload videos from hard drive and mobile, title videos, add images and sound effects, cut videos, add music to the background, add transition effects, embed videos elsewhere, on-site video sharing, download edited videos to your desktop, add custom video special effects

(3) PhotoBucket

Supported Formats: .avi, .mov, .dv, .mpg, .mp4, .wmv and .asf

Max File Size: 10 minutes

Features: upload videos from hard drive, title videos, add images, add music to the background, cut videos, embed videos elsewhere, on-site video sharing, transitions effects

(4) Motionbox

Supported Formats: .avi, .mov, .dv, .mpg, .mp4, .wmv, .asf and .qt

Max File Size: 100 mb

Features: upload videos from hard drive, title videos, add transition effects, cut videos, embed videos elsewhere, on-site video sharing

(5) Cuts

Supported Formats: .flv

Max File Size: N/A

Features: upload videos from URL, title videos, video special effects, add sound effects, cut videos, embed videos elsewhere, on-site video sharing

(6) SanrioTown [Broken URL Removed]

Supported Formats: .avi, .mpg, .mpeg, .mov, .wmv and .flv

Max File Size: 20 mb of video per slide (up to 99 slides)

Features: upload videos from hard drive, title videos, add images, and music to the background (mp3 only), cut videos, custom video special effects, embed videos elsewhere, on-site video sharing

(7) OneTrueMedia

Supported Formats: .mpg, .mpeg, .mp4, .mov, .avi and.wmv

Max File Size: N/A

Features: upload videos from hard drive, title videos, add images, add background music, cut videos, embed videos elsewhere, on-site video sharing, transition effects

(8) MuveeMix

Supported Formats: .mpg, .mpeg, .avi and .wmv

Max File Size: 100 mb

Features: upload videos from hard drive, add images, add background music, apply custom video styles (urban, 70s, etc.), cut videos, embed videos elsewhere, on-site video sharing (Note: free account is limited to 10 videos, with an option to add background music and choose among 5 types of video styles).

(9) iBloks

Supported Formats: .mpg, .mp4, .avi, .wmv, .mov, .m4v, and .flv

Max File Size: N/A

Features: upload videos from hard drive, add images, add background music, embed videos elsewhere, cut videos, on-site video sharing, choose among interactive video templates (i.e. 3D cube) and place your videos around them

+++ PART2: Basic VIDEO ENHANCING +++ (simpler editing tools)

(1) Gotuit - SceneMaker - slice videos and keep scenes you like (upload videos from URL)

(2) Viddler - tag specific moments on your video (upload video/s from your hard drive [.mov, .avi, .wmv, .mpeg])

(3) [NO LONGER WORKS] Bubbleply - add text bubbles (upload videos from URL)

(4) OverStream - lets you add subtitles (upload videos from URL)

(5) Click.tv - lets you add chapter-like notes to any desired point in your video (upload videos from URL)

(6) Mojiti - select desired objects (text, shapes, images, freehand drawings, Flash art...), and specify where and when in your video you would like them to appear.

(7) Graffiti - lets you add bunch of basic graphic animations, i.e. approved/disapproved stamps, breaking glass, animated clouds, etc. (upload videos from URL)

(8) Veotag - allows you to bookmark selected moments, and title and display them in a menu-like manner on the side of your video. This enables your viewers to quickly jump to specific events on your video without taking it back or forward. (upload videos from you hard drive [.mov .avi .wmv .mpg, flv, and .mp4])

(9) Mixercast - mix your photos videos and music (upload videos from URL or hard drive)