New Steam Source Film Maker beta

Yesterday I recieved a message from steam saying there is a new Video Film Maker in beta available to download. I thought it was a ingame video recorder/editor like FRAPS and thought let me give it a shot. WOW I was so wrong this Editor is EPIC!!

You can create your own Source movies from any Source game with this. It is a real powerful interface with full control to manipulate everything from character movement to different camera angles and sounds adding music different sound effects. Ive been watching the tutorials on Youtube and am completely blown away by the tools you have and how to manipulate them. I see Valve has put alot of thought in creating this and from what i see so far is Awesome!!

Here is the youtube channel link let me know your thoughts.

http://www.youtube.com/user/SourceFilmMaker?feature=watch

LMFAO!!

http://www.youtube.com/watch?v=5O-BIeY350o&feature=autoplay&list=PL7A443DB16621EEAF&playnext=9