I've been looking for a decent tool to create clips from long YouTube videos. After trying many other similar tools I was starting to lose hope as none were able to to create usable clips. Some would randomly cut off the clip mid sentence, others would not find a relevant/good part to clip. So, I was very happy to find Minvo which not only was able to find the good/interesting parts of the long-form YouTube videos, it also did it in a beautiful looking way.

Pros:
- good quality output, ie. knows how to find the relevant and interesting parts of a video
- removes silence
- can add background music
- auto-framing that works! :)
- ability to edit from the transcript - no editing skills necessary
- the presets make for a more interesting look so your video can be different and stand out

Cons:
- It takes a while to wait for the clips to process (I'm sure this can be improved on with more server allocation)
- would like to have more presets to choose from