Things are getting a tad bit heated here over lil' ol' iMovie. Hahaha.
The new version looks fantastic. I think it will be used by a lot of people and we'll be seeing even more uploads to YouTube, etc. It really simplifies the process, and looks fairly slick as well.
Someone posted about the app being made to hit the majority of consumers. With MacBooks flying off the shelves into the hands of university students, and the iMac gaining some ground, the majority of iMovie users are going to be looking for an app like '08. Major generalization: previously, folks who bought Macs mostly bought them because they wanted to do media, etc. So the majority of Mac users wouldn't mind using a slightly more complicated app like '06. I see a big shift in what folks will want out of iMovie - something that is as simple as iPhoto and iTunes, and works well with the web.
That said, I personally am disappointed about the replacement of iMovie with this new version. I am really glad they are offering '06 for download.
The reason I am disappointed is that I teach Film and Video 12 at a high school. I have 14 G4 eMacs in my classroom, each with 256mb RAM and 40gb HDDs. These eMacs won't actually run Final Cut Express - the app fails to load, asking for more RAM. iMovie '06 runs great on the machines. I imagine (though I haven't tried yet) that '08 won't run super smoothly on these older machines.
My students import their footage, edit it, spit out DV versions, burn a DVD, and then they delete their projects and footage. We definitely don't need to organize footage like photos or music is organized.
But that's not really the issue. The issue is the removal of some key features. The way that '06 handles audio editing and its time line is vastly superior for our needs than the '08 way. With nearly every project, it is necessary to edit the audio quite a bit, bringing sections of clips up, ramping down music, etc. We also create DVDs (putting student things on the web is a no-no), and use the chapter markers often, especially for collaborative projects.
I could go on, but the bottom line is that '08 is a completely different program, and would be not suited to my needs at all. It's a quick and dirty way of making a simple video, not the best for trying to teach the ins and outs of video/audio editing and so forth.
I am sure '08 will grow in the future, and this won't be an issue at all. But for now, I am happy that I can download '06 and install it on the machines in my classroom.
PS: Is iMovie '06 really that difficult to use? My students are basically pros with it inside of a few days. It can be a bit cumbersome, but I gotta say - I don't see how the general idea has changed between versions. The selection of clips in '08 is much easier/better, but the dragging and dropping of clips and effects and audio is basically the same.