Loilo has been around for a bit now. I still haven't adapted to it, because it still has issues, which you will discover. The one trait it has that is really sweet, is processing on the GPU alone, or with very small CPU usage. What it lacked at the time I looked it over is support of codecs on any appreciable scale, and lack of useful NLE tools. Canned effects it does have, but the ability to do more professional editing. . .