iMovie has been a flagship program for Apple computers since it has taken non-linear video editing and brought it to consumers who had no professinal training or knowledge of how such as system would work. Here is made the idea of real movie creation possible for the average computer owner, allowing them to take their home videos and bring them up to a real presentable level.
With the ability for smart phones and mobile devices to both hold high quality 720p HD video cameras as well as a perpetual internet connection, it seems reasonable to edit your video immediately after taking it right from the device you started with. This is why iMovie had been made accessible to the iPhone, and a few minutes ago it was also announced for the iPad.
With iMovie for the iPad you are going to see most of the features that you have come to expect from the software, though the interface is made much more mobile friendly. The editing features will still allow direct control, and you will actually have an audio recorder going onto multiple tracks. This is going to be a nice way to add things like voice over right from your iPad. There will also be a series of new iMovie themes added to the iPad version.
The real addition here, though, is the addition that was announced with the iOS 4.3. This is where your Airplay will be able to broadcast the signal to other device through Wi-Fi, and this is true of your video editing project in iMovie. You will also be able to share your iMovie videos in HD without any kind of clunky conversion process. All of this means that the iPad will be a center of full media post-production and output, which is a majro advancement for a tablet device like this. It is great that the automatic export methods built in have expanded, and include things like YouTube, Vimeo, and iTunes.
iMovie for the iPad will also be released March 11th and will cost $4.99