iMovie 1.1 for iPhone 4 and iPod touch 4G is Live

It's the update day for Apple, iOS 4.1 was released few hours ago and now Apple pushes iMovie 1.1 to bring support for iPod touch 4G and bunch of interesting features including split video clips and automatic music looping, which should make the software easier to use, here's the full changelog.

What's New in Version 1.1?
- Compatible with iPod touch (4th generation).
- Ability to split video clips.
- Automatic music looping when video extends beyond music track.
- Scrub to preview clips in Video Browser.
- In-app Tips page that illustrates how to use key features.
- Updated Photos Browser with newest images at top.
- Mute badge to indicate video clips with audio disabled.
- Additional performance and reliability improvements.

New customers can spend $5 to get iMovie, and it requires an iPhone 4 or iPod touch 4G running iOS 4.1 or later.

Download iMovie 1.1 for iPhone 4, iPod touch 4G [iTunes link]

Update 1: iMovie 1.1 compatible only with iOS 4.1 [Thanks Chris Fink for tip]

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