@TraviHark.- there has been a demand for being able to edit a video once you have uploaded- perhaps when you want to add different music but don't want to delete it because that would lose you all the comments, views, honours etc your video may already have had.

It is not really meant for editing new videos, to replace a computer based programme (heavens- they are way better than anything any site could ever host online)- it was for Oops-I-Need-To-Make-A-Change-After-Upload-What-Do-I-Do? situations.

:)