i4software has Vizzywig (iTunes Link) for the iPhone, iPod Touch, and iPad in the iTunes App Store for FREE (regularly $29.99) for a limited time.

Vizzywig brings WYSIWYG to video for the first time ever. This all-in-one video camera and video editor allows you to edit your movie while you capture the event (or after) by integrating editing tools and a live-timeline into the video capture preview interface.

Import clips, add transitions, overlay snapshots and titles, set in/out points, split clips and even set background music while you capture the event. When the event is over, simply tap DONE and your finished movie is rendered in minutes complete with a professional studio intro, titles, transitions and even Hollywood-style scrolling credits.

Vizzywig also lets you record and live-switch from up to 16 iOS devices at the same time using our amazing remote camera feature or create multiple-angle music videos in minutes with a single camera using our new “Create Music Video” multi-clip feature.