Yes, you can edit video in Lightroom now, but its a very crude kind of editing.
"Also from this view you can move your mouse over the image from left to right to scrub through the video file and get a sneak peek at the video. This is really helpful if you have many files which are similar and need to look for a certain frame. Lightroom changes the thumbnail of the video for you but you can easily change that. To do this first click on the Loupe View (shortcut click E) and then just to the right of the time indicator click the rectangular box and select Set Poster Frame.
Another year, another LR beta. Some hots & nots: Lots of video functionality added, like cropping and effects, geo-tagging and soft-proofing, but face detection didn't make it. And its still bad at making cofeee:
"New tools to enhance and share your digital photograph library
A few new cameras are supported in this final version:
Canon" EOS-1D X, PowerShot G1 X, PowerShot S100
Fujifilm: FinePix F505 EXR, FinePix F605 EXR, FinePix HS30 EXR, FinePix HS33 EXR
Nikon: D4, D800, D800E
The weaker antialiasing filters become on cameras (and it IS a trend) the more important moiré handling in software is:
"As you may have noticed, I used the word “reduce” instead of “remove” in the header of this article. That’s because the moiré pattern often cannot be completely eliminated with a non-destructive editing application like Lightroom (except for mild cases of moiré), especially when moire