Highly recommended! Brand new (literally , read below) and free through September 18, 2012. Straight full version, no nasty "In-App Purchases", no annoying ads, not a crippled trial/lite/free version. Visit immediately your nearest iOS App Store! App Store link: http://itunes.apple.com/app/pinnacle-studio/id552100086?mt=8 AppShopper link: http://appshopper.com/photography/pinnacle-studio Was 'Avid Studio' before. (AS still exists.) App Store link (don't buy/download unless you need it for iPad 1): http://itunes.apple.com/app/avid-studio/id491113378?mt=8 AppShopper link: http://appshopper.com/photography/avid-studio (I am not the devjust sharing the info.) The iPad 3 is GREAT for video. Really good camera. But it would need at least 128 GB flash storage space. Enjoy Pinnacle Studio! Spread the word!