Adobe has released Adobe Premiere Express, a free, web-based video remix and editing tool designed for creating visual mash-ups with video clips, music, photos, effects, transitions, and titles.
Adobe Premiere Express is now available for users of YouTube, Photobucket and MTV.com, and uses a drag-and-drop interface designed to make video editing a breeze. MTV are currently running a competition to remix Kelly Clarkson's new video, Never Again.
Adobe Premiere Express is a lightweight Flash-based web application, and does not require plug-ins or special software downloads. Adobe Premiere Express requires Flash 9.