Not even close. :-)
However Cyberlink's PowerDirector is very cheap and sufficient for *most* editing. Even the "basic" version ($89 at last check) is a very simple interface, you can adjust color, sharpen, assemble clips, large library of transitions, add titles, but the titling is a little limited in terms of what you can do. Download a trial and check it out.
Exports with a variety of encoding settings, can do .qt, .wmv, mgp1/2 . . . . not .flv though.
The basic version does not support Dolby, you'd have to convert the sound, the pro version does.