OSNews has a great Look at Adobe Premiere Elements 8. One thing I didn't know was it would manage Video as well, which looks like it has great potential for the little bits and pieces of video I've accumulated. Windows Movie Maker and iMovie both seem to be "project" based, not something where you can throw all of your video clips in and pick and choose them for a compilation or project.

Note that this is not Photoshop Elements 8, the consumer version of Photoshop, but Premier Elements, the consumer version of their video management tool, which explains the video management element (duh).