YouTube has launched a new online video editing tool called YouTube Remixer. The remixer lets you add effects and graphics, text and audio, overlays and transitions to your YouTube videos, directly in your browser. The remix tool is powered by Adobe. The feature looks a lot like Photobucket’s “Remix” feature, which shouldn’t be surprising since they share more than a name. Both are powered by Adobe Premiere Express.
The new web service by YouTube is definitely a source of great motivation to the users who are big video making and video editing fans but are scared of the complex and expensive video editing tools and softwares. Though this new web service may not be for the pro-minded people but it will certainly attract more users to share and user their videos through YouTube.

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Useful tool for people not so expert in this area, otherwise ppl will use other advanced tools.