iMovie '08 Library Compressor

This is a simple applet, just double click it, select your chosen compression settings (from a pristine copy that shaves off 10% of the file size to a clip that’s 93% smaller than the original, and only suitable for posting on YouTube), and let it work its magic. Your library will sweat off the pounds, and your original raw DV files will be set aside to be archived, thrown away, or whatever you want to do with them.