In which I review LumaFusion by Luma Touch. Pretty much the best video editor for the iPad right now. Disagree with me and I will fight you (please don't disagree I am frail).
Description from site
LumaFusion is the most powerful multi-track video editor ever created for mobile devices. Used by mobile journalists, filmmakers and professional video producers to tell compelling video stories, LumaFusion gives you all of the power and flexibility to create your video story, and our tutorial videos make it easy to get going quickly and master its amazing tools.