I'm a budding webmaster and want to use youtube and other video sharing sites to build traffic to my websites.
I'm planning to do compilations and stuff, so I'll download from dailymotion, youtube, etc, edit them and re-upload.
I'll need a video editing software for that which can work directly with .flv files, add some special effects, watermarks, credits, etc and is not too difficult to learn.(something better than windows movie maker.)
I've heard good things about sony vegas and adobe after effects, so what do you guys recommend?