OpenShot Video Editor is a free, open-source video editor for Linux. OpenShot can take your videos, photos, and music files and help you create the film you have always dreamed of. Easily add sub-titles, transitions, and effects, and then export your film to DVD, YouTube, Vimeo, Xbox 360, and many other common formats. Check out the full feature list, view screenshots, or watch videos of OpenShot in action!

via OpenShot Video Editor | About Us.

This installs with the rpm fusion distribution so it was simply `yum install openshot` on Fedora 14.   After running the editor it does seem useful and the GUI is intuitive.   When I have to edit another video I’ll compare it to Avidemux.  It doesn’t run on Windows however.