Though its not Blender related news it is open source news for editing which I felt warranted mention here. I'll let you in the community figure out if its worth it or not. From what I've read it on their site, it looks impressive. Have any of you ever used it?
Academy® and Emmy® award-winning Lightworks was introduced in 1989 as the first and most advanced professional editing system on the market. Its intuitive controls, real-time synchronization, and multi-camera ingest and editing features still remain unmatched by top industry players.
EditShare officially acquired Lightworks in August 2009 and plans to make the first step towards releasing Lightworks Open Source in Q3 of this year in the form of a free Lightworks download.