Hip Clip Helps!
So it's not perfect. As with all things AI - YMMV.
For me, I was cutting up a conference speech and it indeed did grab some interesting off the cuff segments that I could use right away if I was a fly by night operation. There's value to that - I can quickly create my content shortly after an event giving satisfactory 'most interesting' parts.
So that's my review of the AI portion, usable - not great.
The tool - that's five tacos. Regardless of what the AI thinks is cool, the human can still use the tool to make clips out of transcription easily and adds captions to it. That already brings me the value - the rest is up to the AI to actually do it's job from mediocre to wow I don't have to manually use the tool anymore.
Will keep.