Dan Goldman recently posted a video on Interactive Video Manipulation, a new technology being developed. This has great possibilities, and the demo is very impressive.
I can’t wait until I get to play with a consumer version.
This demo illustrates our research to bring interactivity to video editing: Our system analyzes videos using computer vision techniques, enabling interactive annotation, browsing, and even drag-and-drop composition of new still images using video footage. This is a joint research project of Adobe and the University of Washington.