The app also comes with JahPlayer, a media player that claims to work with "virtually" all audio and video formats we tested it against all the majors (MOV, AVI, MPEG, MP3, WAV, OGG) and some minor ones, too, and found it to be flawless. There's also modules for color correction, keying, and tracking, and an array of media support. It can handle real-time image processing with node based effects editing in DV, SD, HD and film real-time 3D compositing and Flash animation (up to 32k matte layers) OpenGL-based paint and a text module. The list of what the application can do is extensive and exhaustive. With every release, it gets more stable and gains more features. If you're looking for a free program with the video and audio editing capabilities of professional-level software, Jahshaka should be tops on your list.
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