LILO
I use Adobe Premiere as my editing tool - you can overlay music, bring up or chop original soundtracks, use the awesome special effects etc etc. Very comprehensive and quite expensive - but the results speak for themselves! (Full motion DVD quality output with stereo soundtrack)
Putting the vids online would be a good option but for the rules regarding copyright and 'public performance'......
And to be honest you'd need broadband to make it worthwhile. However, if you want a Canberra vid drop me a PM.
Cheers
CV