The video editor I like the best (takes a little getting use to but it has just the right features for hobby video) is VideoPad Video Editor from NCH Software. HOWEVER, it is not the one I am currently using. There is a free copy but it loads a ton of junk and I did not put it on my new machine. I will likely buy it at some future date.
Edit Note: I went to the NCH site after typing the above note and saw they had it on sale for $30 so I bought it. The current free version does not have all the mandatory junk (it does have some options for their other software but lacks the annoying ton of junk required installs I ended up with in my first copy) but the free version is only a trial and will watermark your videos. You can try both to see if you like this one enough to pay for it (sale ends at the end of April).
Edit 2 - you may want to double check the trial version for watermarks. It may only have annoying reminders. Playing with the 3D option now If you have Red-Cyan glasses, here is the wink video in 3D - best in HD 720
The one I am currently using is Microsoft's Movie Maker. A lot of the simplistic editing is not intuitive. Hint: When you want to mark a begin and end, try using the right click on the mouse.
Edit Note: I went to the NCH site after typing the above note and saw they had it on sale for $30 so I bought it. The current free version does not have all the mandatory junk (it does have some options for their other software but lacks the annoying ton of junk required installs I ended up with in my first copy) but the free version is only a trial and will watermark your videos. You can try both to see if you like this one enough to pay for it (sale ends at the end of April).
Edit 2 - you may want to double check the trial version for watermarks. It may only have annoying reminders. Playing with the 3D option now If you have Red-Cyan glasses, here is the wink video in 3D - best in HD 720
The one I am currently using is Microsoft's Movie Maker. A lot of the simplistic editing is not intuitive. Hint: When you want to mark a begin and end, try using the right click on the mouse.