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I have Darwin on my server and still use Flash and a progressive download. Hopefully the open source Flash Media server will be done soon and we can stream Flash video for free.
If you have **a little bit** of money, some of the Roxio packages come wih a "decent" editor.
I also have software that came with my video input card, PowerDirector from CyberLink. It's got a lame interface because it's geared for point-and click beginners and ease of use, but it actually does a decent job of capturing and editing video. It has multiple tracking, filters for transitions, color, sharpness, and hue controls, sound capture and dubbing, many other useful widgets. It can export in a variety of formats as well.
I think the "pro" version (which is an oxymoron of sizeable proportion) is only $89.
There are also free video editors out there, begin by a search of this board then on to G, but none of them will have the features of any of the above.
Edit Reason: removed link - please see TOS [webmasterworld.com]
[edited by: limbo at 9:18 am (utc) on Feb. 2, 2007]
i think that sorenson squeeze will encode flash vbr video files, using the latest on2 codec, but it's not cheap.