OpenShot, Video Editing for Ubuntu Linux

Currently Ubuntu comes with a simple video editor called PiTiVi, although it is stable and works, it lacks the ability to do anything decent.  For instance creating titles, fades, transitions...  I came across OpenShot this morning and it is truly awesome.
I has all the features PiTiVi has and much more, plus it can run natively on the Gnome desktop unlike Cinerella.