This is Windows Movie Maker. Despite some slight changes, the interface hasn’t changed all that much since the days of Windows XP SP1. This review, however, is not about Windows Movie Maker. It is about Windows Live Movie Maker Beta, which shipped with the third wave of windows live betas.
Windows Live Movie Maker has inherited the Ribbon from Microsoft Office 2007. There is a lot of room free on the ribbon, so I expect that lots of features will be added there. For now its basic, but a lot easier to use than the non-live version. It also makes it very easy to publish videos to the web. It comes with a soapbox plugin, but you can get plugins for SmugMug and Flickr. This features is really a bit hindered by the lack of a youtube function, but hopefully this will come in time.
The other tab on the ribbon:
Expanding the Effects and Transitions boxes reveals that there are only three effects and two transitions, but more will probably be added later into the beta, and certainly by the time it leaves beta.
Its also inherited the file menu from Office 2007. Until there are more complete features, there's not much to review, but it certainly looks promising.
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