iMovie costs a few bucks, but fortunately there's a free option. Pinnacle Studio lets you edit movies and incorporate video, audio, and photos you've taken with your iOS device. Arrange your clips in Storyboard mode, make precise edits, and add fancy clip transitions to make your movie more dynamic. You can also add music and incorporate external media via the iPad Camera Connection Kid. When you're finished, Pinnacle exports videos into 1080p format so that you can blow 'em up on the big screen--just like a real movie.