StashSpace is a new video editing website.
StashSpace, which is the latest entry in a long line of similar websites (however this one apparently is quite old – at least the software is), allows users to upload, edit, and then export to various formats (including DVD – big plus here!).
The token system that the site uses is very interesting. You pay for your storage in tokens. You can get tokens for doing good stuff on the site (sharing video for example) and I’m assuming they start you off with tokens as well. If you run out of space, you can buy more, although TechCrunch (linked below) notes that prices vary between “25 and 40 cents per 5 minutes”.
Editor’s Note: I’m still working on my Edit For Free article… don’t worry!