Two things.

I was searching the web for "open source video editing" and came across two programs that might actually handle some serious video work... The first, and apparently more supported of the two is called Jahshaka. (It has a cooler-looking website, that's for sure.) The second is LiVES. Better or worse than (the also free) iMovie or Windows MovieMaker? I don't know. (I doubt they can be as sophisticated and stable as Premiere, Final Cut, Vegas, etc... :) Please, prove me wrong!) But for now I figure these are worth checking out.

Also, Louis found this place, Open Studio, from MIT (again - these guys seem to be on the cutting edge of open-things). I joined and played around a little bit. Good for a diversion from work if nothing else.