Time to plug my own editing startup: http://videothink.com. Host any video file and I will personally cut all the boring moments and serve you the highlight movie. The site is very minimal now but it works.
Yeah, funnel all those boring family reunion vacation VHS tapes in there. Though I'm not sure if their algorithm will be smart enough to get all the exciting bits since our camera man has a shaky hand and they probably use some kind of motion detection.
Camera motion is no longer considered "interesting" unless there's other motion against the static background. Works especially well with jittery cameras and panning security cameras.
I love the concept, but watching the example videos I kinda wish they'd implemented a transition in there. Some of videos were really jarring moving from "interesting" to "interesting" states. A small audio/visual fade out and then in again would help a lot.
Looking at the youtube zeitgeist page you have, most of the videos seem insanely shortened. What is a more reasonable percentage choice to get just the highlights without feeling like you are talking to a meth-head?
With the API, you can choose any desired length of the summarized video, up to 30%. We think of the YouTube summaries as "trailer length", but we might make them a bit longer by default in the future.
It filters the boring moments well. The Animals and YouTube ZeitGeist examples opened my eyes.
Just for fun I tried to stump it with a video I had personally edited. See before and after: http://dl.getdropbox.com/u/1704650/hlcamtest.html. Pretty good result, all things considered.
Time to plug my own editing startup: http://videothink.com. Host any video file and I will personally cut all the boring moments and serve you the highlight movie. The site is very minimal now but it works.