How does everyone like it?
What do you use it for?
How does it feel?
This is one of the apps that i have been waiting for, and am want when my iPad2 arrives. (I ordered a 64GB Wi-Fi+3G AT&T in black)
What Camera video formats does it support?
I'm looking to get a Canon T3i or 60D
Well before you embark with imovie the first thing that will cross your mind is why iMovie for the iPad will not work without location services on, especially after Apple go sued over other apps that exploited this information.
As for iMovie itself, its a fantastic app, so is Garageband, it behaves like the desktop, maybe not as flexible, and add ons are available for HD backgrounds and texts.
The camera on the iPad 2 is a bit like the cheap plastic-ish cameras but with some lighting it works great, other then that its just cool to have cameras, im over the iPad 1 already.
iMovie does feel nice, there are 3rd party developers that provide backgrounds and texts, i imagine Final Cut will make it to the iPad as well in the near future becuase Apple has a major release coming very soon and they do have FCP controller apps already to control the desktop.
BTW shooting video on the iPad 2 is much more stable then a iPhone, becuase it is bigger in size o shaking is noticed, you can be sure that its very steady if you need to run in the park with it to shoot kids, its a must for any camera enthusiast, hope apple adds better lenses.
All Best