Hey you, hot-shot movie cutter! Now that we've got your attention, have a look at this.
Adobe's research laboratory has been toiling away with a sophisticated interactive video-object manipulation system, which gives video editors all sorts of creative windows with next to no rendering lag.
The full story is here:
http://www.engadget.com/2008/11/29/video-adobe-dabbles-in-video-object-manipulation/
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