Many N95-1 owners upgraded to the N95 8GB because there is so much more RAM. With 90MB free at boot, they were counting on being able to make and edit movies without out of memory errors like on the N95-1. They were then disappointed that their N95 8GB has no video editor at all.
It turns out, the video editor has been moved to the N-Series PC Suite under the Nokia Photos application. You can create Muvee's and have more easier control over the video editing compared to the on device version, since you have a full keyboard and mouse.
Nokia Photos with Muvee editing is free software for Windows. However, if you are going to do video editing on a computer, you are probably better off using Adobe Premier, but that is very expensive software. Either way, you'll probably need a strong cpu, since video editing is very processor intensive.
If you're on a Mac, you'll probably be using iMovie regardless since there's no PC Suite for Mac yet.
You can download the N-Series PC Suite here
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