I have recently found and now using a free video editor by Pinnacle, VideoSpin. The program is actually very nice, for free. Several transitions and titles are provided.
It offers enough for the average user, and exports to the major file formats. The only shortcomings are: the Pinnacle Studio ad next to the preview/library window (see above screenshot) and sometimes it can be difficult to position clips. The program is free, and also includes a free 15-day trial of the MPG/MPEG file export option. If you want to enable it after 15 days, you will have to upgrade to the Studio version
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