Wax

Name: Wax
Website: http://www.debugmode.com/wax/
Licence: Freeware (Link on website for contact on redistribution)
Catagory: Music and Video
Description: Wax is a high performance and flexible video compositing and special effects software. The idea for Wax is to be very general purpose and flexible in video compositing and effects, so that you can compose your dream video sequence with ease everytime.

Wax is one of the few free video editors that are feature rich, and can rival commercial editing software such as Adobe Premier™ and Sony Vegas™. It's hard to find good freeware video editors, even when your not looking for a portableapp. This would be a great addition to the site.