Take that, Apple! Avid has just released an iPad iMovie competitor called Avid Studio. The US$4.99 app is a scaled-down version of Avid's pro video editing tools. Avid Studio features a timeline and storyboard, plus some iPad-friendly gestures so you can scale images and videos. You can arrange your edits on the timeline for special effects like picture-in-picture.The app also offers 3D animations and transitions, and video tracks can be composited. Avid Studio lets you export a project to the Avid Studio app for the PC via iCloud, and you can share your finished proje
