Are you ready for high-definition (HDV 720p and 1080i) 16:9 widescreen video? So is iMovie. Or, more accurately, iMovie HD. Though still as easy to use as ever, iMovie HD lets you import and edit video from the newest camcorders — not just HDV cameras but the tiny and affordable flash media video cams, as well — and in the latest formats, including HDV, MPEG-4 and 16:9 widescreen SDV. Dramatically increased performance lets iMovie HD move quickly through even the most complex projects, and new and improved tools let you edit quickly and easily. Take, for example, the Timeline. Now you can use it for all your editing, including rearranging clips. You’ll also like the new Skywalker Sound audio effects and even more effects and transitions. And you’re really going to enjoy creating movies automatically with the new Magic iMovie feature