I am not a novice computer user. I am not a 75 year old grandmother. I am a 25 year old male who loves high tech gadgets and equipment. I have an HD camcorder and a 10 mega pixel digital SLR. Sorry to say, but I am a newb in working with iMovie. I've had my iMac since November. I tried to use iMovie HD 06 to make short little movies of my vacations, of my niece's concerts, my parties, and of old home movies I just converted to DVD It was overly complicated for me. It felt more like a pro-app rather than an Apple program. I don't have hours of time to make a halfway decent movie. I felt like Steve was talking about me when he explained how it was impossible to make a movie in half an hour. I even bought a help book and I still found myself never using it. Imovie 08 has been a godsend. Apple has hit a home-run by simplifying the application. I have used it for almost 24 hours now and I have been having a blast. Its so easy to use and fun, instead of frustrating and complicated. I would bet that 90 % of converted PC users never used iMovie 06. The simplicity and fun of iMovie 08 will bring the # of new converters to 95%. If you want dual audio tracks, timelines, and have 6 hours to make a 15 minute movie, then buy Final Cut Express.