I've had big trouble finding free video editor for windows until I've found this. After using it for ½ year for youtubing and gamining videos I bought it for ca. 20$. That unlocked few futures like faster rendering and adaptive alfa background remover. They are constantly developing so once in a while there are new options. Last update was 64bit hardware enhancement for faster rendering and editing, previews update gave us 4K videos. Thanks VSDC
Like iMovie, Movie Maker uses a simplified version of the standard video editor timeline, with clips represented by "long thumbnails." The first frame is shown at full contrast, while the following ones are faded, in a distinction between this look and iMovie's. The thumbnail tracks optionally show you the audio waveforms along the bottom, so you can see where the loud and quiet parts of your video lay. You get five size choices for the thumbs, which is probably enough, and a zoom control at the bottom lets you stretch out these clip representations. You can trim or split clips using the cursor insertion point combined with edit buttons. It's quite easy once you get used to the unique editing system used by the app: you click at a point in your clip, and can then drag the resulting insertion line around the timeline.
I have used Movie Maker mostly for small projects, prototypes and home movies. It is a great and simple tool that meets 75% of most users needs. It is not advanced, so not many professional movie maker options are available (like color correction, white balancing, etc.) However, for basic video that you'll probably want to upload to you tube, this is a pretty good tool. Love the simple and easy to use interface.
However, it doesn’t have all the features and tools we look for in DVD makers, though it has enough to fit the needs of a novice. Before you can burn a DVD, you need to transform your raw footage into a compelling narrative. As such, this program’s video editing tools are its main selling points. It has a standard timeline/storyboard workflow – you compose the broad strokes of your video in the storyboard and fine-tune it in the timeline. One of the software’s biggest drawbacks is you only have eight editing tracks to build your project, and only one is dedicated to video. This limits the program’s versatility and hinders its ability to create complex projects. As a beginner, you might only need eight tracks; however, as you gain experience, it may become a frustration. In addition, the included DVD burner can’t add menus or chapter breaks.
Although this software makes a decent job, it has its cons. For example, I don´t like that there aren´t any options to directly add text to a piece of video, and it´s even worse that you cannot export your own custom font styles into the software. It would be a great and awesome addition if there was on option inside Movie Maker that allowed users to drag and drop text, images and any other objects that made video creation and editing more sophisticated.
There are like a million features in this phone, so I think I'm going to stop listing them one-by-one here and instead point out one more that I think can make the difference between for someone who is unsure of the camera. I think one major reason someone would be unsure enough to be reading this long review before buying this, is actually someone who is thinking about getting this as a first DSLR. Meaning you've either only used point-and-shoot cameras, or even worse, you've only used your cell phone... lol. :-P
Don't assume that the gold membership is enough, although it did not state that for me on my system at the time. Absolutely ridiculous. I was unhappy but willing to pay some money for this software as it is useful, but to be barraged everytime I open it with a message about Gold and Platinum memberships and then to be told after 4 hours of work that I cannot export my video unless I pay the ridiculous price is horrible. 

VSDC Free Video Editor looks and feels just like a professional video editor. In fact, if feels almost identical to Final Cut Pro in a lot of ways. If you want to experience that style of in-depth video editing, this program is an epic way to do it for free. Be warned, though, that there's a steep learning curve unless you already have some experience.
Other recent features include a basic audio editor, the option to make previews for apps you’ve developed, and the even ability to make your own movie trailers complete with transitions and end credits. It’s not a tour de force in terms of video editing, but it’s perfectly suitable for home videos and minor projects. Consider combining it with free audio recording software!