Here you can have a look at a new Product Video of the editor, showing Project Settings and Live-Mode.

http://techmuc.kilu.de/Editor_Live2/

(just 6 mb this time, therfore no lowres/highres). BTW: There are no lags in the live video. These "Lags" are just problems in the video recorder...

A new alpha is about to be released this evening.