I was looking for a video cutter that could help me make suitable clips for presentations.  Finally, I found Virtual Dub, an AVI editor that delivered.  Virtual Deb is open source and totally free.  It enables me to read a variety of files, including dll files that I was struggling with and make small clips from a longer video file.  I can save the clips as avi or wav file, and both are readable by windows media player – which is crucial if we wish to use these clips in power point presentations.

I had to struggle with the options for the first few minutes, but once I configured the “Audio” and “Video” options from the list, it worked very smoothly.  The fast compression facility works fast, but turns out very large files.  I used the full process mode and got reasonable sized files (still large for their length) that could be carried around with ease.
For download details and to read a description on using it, click here.