Neil...you are right bout that being the actual NB video, but wrong about the editing part of the site. Editing is one of the features you can do when joining and is one of many reasons why this site is going to take off.
"During the course of the promotion, MVP's can access our custom video editor to create and edit the uploaded media files into a music video.
During the promotion, edited videos are viewed by other users on the site. Based on the rating a video receives along with the amount of views determines your spot in the Top Rated Videos section of the home page. The winning video will be showcased on the MusicMatrix homepage and will also be placed on the home page of that artist's website."
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