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I love Sony VEGAS! It's underrated and it's sometimes hated on, but it has a loyal core following. It's more than enough for 90% of the type of video editing I've ever done, and I've even done some good effects in it using all the very useful drag-and-drop effects. Starting up Premiere is a pain in itself, but I can hop into it for a few minutes, and do a quick edit for youtube or whatever. It also has some cool core features like its non-destructive editing. And only like an 80MB install file, with free trial.
However, I can't live without Premiere when I working with a whole mess of crappy codecs, and have to be transcoding, trying to open up weird formats, etc.
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