I've got a bad feeling about this.
^^^^ This ^^^^
I actually like iMovie 08 once I got used to it, but there is NO EXCUSE for the way they hobbled the quality of the finished output. My AVCHD HD Camcorder takes beautiful shots which are destroyed by iMovie and output to DVD with so much pixelation that YouTube videos look better. I switched to Premiere and have been MUCH happier with the results. Don't even get me started about the lack of BluRay support. That's right. Steve says we're not mature enough yet to have BluRay.