Back in 2008 I made a series of videos following the street racing team I used to run with. Was fun stuff, and I made the whole thing with Windows Movie Maker on XP.

I've been shooting a bit of video again lately, and tried using the new Windows LIVE Movie Maker software to edit the footage. Unfortunately, in the 3 years since my departure from XP, the software has gone completely to shit. It's counter intuitive as far as footage editing goes, can't cut up reels at all, and worst of all, IT DOESN'T FRIGGIN' SUPPORT MODERN MOTION JPG CODECS.

So, question - anyone know of any other free video editing software that provides similar basic functionality like the old Windows Movie Maker? I'm no Spielberg, I don't need anything super fancy, just something that allows me to cut and splice reels and preferably shows a waveform for the audio so I can sync footage up with music.

Thanks ahead of time.