Selling for £89.99 + p&p in PC World, this is an amazing deal (poss. pricing error).
Having used the Pinnacle Studio software in its various revisions over the years, I can state that it is very easy to get into, but as feature-rich as anything you could buy! Studio 11 also handles hi-def video, so is an ideal gift for any budding Spielberg!
I was searching for this software yesterday and came across this offer - which is pretty much what you have to pay for the 'Basic' version (There is Studio and Studio Plus also).
* Achieve sophisticated effects and transitions featuring light rays, colour matching, artistic film looks and much more
* Add drama and documentary-style motion to high resolution stills with StageTools MovingPicture precision pans and zooms
* Create multi-layer effects like Picture-in-Picture, Chroma Key or A/B editing with two video tracks
* Automatically create background music to fit the length of your movie
* Select from hundreds of real-time, key-frame-able 2D and 3D effects and transitions to give your movie polish and style