iPhone OS 3.0 will add video editing?

Last month, we informed you of the updates that iPhone OS 3.0 will bring. As usual, the beta testing period provides some interesting information – for example, the new software will be jailbreakable. The latest rumor, caused by some beta code and graphic material, suggests that version 3.0 will add video editing. This information has been provided by a Gizmodo reader so keep in mind that it is not official. However, it is partially confirmed by the fact that the MobileMe service will allow you to upload your own videos. Of course, this has led to many speculations. Will the “old” iPhone be able to record video? If “yes” - with what quality? Or we can expect this feature to come with the next model, which has become quite a hot topic lately.

source: Gizmodo