Raylight Cutter (a new desktop editing system for Panasonic/Sony/Canon/Red/DSLR and other camera formats) is finished and I've released it. Thinking about making it free software. Or one version of it would be free, supported by ads on the help page. If anyone has some comments about Raylight Cutter in general I'd be interested. Here is a video overview of the program:

https://www.youtube.com/watch?v=RkmHZFgi4zg

more info is at: http://dvfilm.com/cutter

Marcus