I bought iMovie when it was first released for the iPhone 4 last year. I think I’ve used it three times since then. It’s a nice app but it isn’t something you find yourself needing very often. The 1.2 update includes an iPad 2 interface and some nice little touches to the iPhone 4, such as the ability to bookend your movie with fade in/out effects. You can also now export your videos directly to multiple video services (YouTube, Vimeo, etc.)
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