You do have some valid points but I don't understand why you would ever criticise Chrome OS for editing movies and content creation?
Are people really editing Videos on netbooks as that goes way past the reason netbooks exist?
I should have "quoted" the message I was responding to. My bad. The original message was stating that a "fast Chrome OS" would be a problem for Microsoft. I have been a software developer for 30 yrs and I have watched the thin/thick client battle fought over and over again. Chrome OS is yet another thin client implementation and it will have applications for some but will not be the panacea for everyone. Hence, tasks like video editing will likely remain a thick client application ... my comment is more of a statement about the limitations of cloud computing. Chrome OS will be a cloud end-point and thus subject to those limitations. I guess what I would like to get across is that one should not go all ga-ga over Chrome OS and the associated cloud computing model.
As to netbooks being used to edit video ... if you can edit video on an iPhone, then why not a netbook. The next gen netbooks are going to be ION based and will sport a 9400 GPU. Add to that the dual core 330 Atom chip and 11.6" screens and these next gen netbooks will be eat away at the low end notebook market and should be more than capable of editing video.
Sorry about the lack of clarity in the original posting ...
I am running Chromium OS, Ubuntu 9.10 netbook remix and Moblin 2.1 on my Acer Aspire One D250 netbook. In my opinion, Ubuntu is the current winner, but then again, I am using it to write code, not just as a web browser/cloud client.