You might consider Adobe Premiere Elements. A cut down Premiere at a cut down price. Still, it lets you use a timeline interface for cutting between clips, apply stabilise and transform filters to clips and overlay tracks.
If you buy the boxed version it can be run on both OSX and Windows machines (a total of 2 machines only). The iTunes (OSX only) version is 1/2 the price of the boxed. There is a trial on the Adobe site.
Other alternatives:
Final Cut - a bit expensive. I found difficult because I don't think in the same way as it wants to run.
Premiere - not too expensive if you can get an educational discount. Alternatively, Adobe put the old Pro 2.0 version available for free but it'll only run under XP. I currently run this in Virtualbox on my Macbook but mainly use Elements on my iMac and the Macbook.
I'm not too far away in Downer, so if you want to try some of your footage in any of these, send me a PM and we can organise something.
Regards
Keith
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