Avid giving away VideoSpin YouTube-friendly editing software

Avid, that video editing software maker that used to dominate Hollywood movies until Apple's Final Cut Pro came along, now resorts to giving its software away. VideoSpin 2.0, a variant of Avid subsidiary Pinnacle's Studio software, lets you quickly and easily upload widescreen videos to YouTube.

This QuickTime-compatible Windows software works when you're offline, too, letting you put together sequences with erstwhile pro features such as a fit-to-fill timeline. But if you want to compress your videos for iPod and Sony PSP, you'll have to buy a "SpinPack."

Considering that Avid's Pinnacle Studio is the most widely used consumer video editing software in the world, this can't be too bad. Might be worth a free download.

Avid VideoSpin, via Press Release