VideoLAN Movie Creator is a non-linear editing software for video creation based on libVLC and running on Windows, Linux and Mac OS X!.It is a free software distributed under the terms of the GPL v2.
Install VLMC in ubuntu 10.04
Open the terminal and run the following commands
sudo add-apt-repository ppa:falk-t-j/lucid
sudo add-apt-repository ppa:falk-t-j/lucid-latest
sudo apt-get update
sudoa pt-get install vlmc
This is original PPA you might see some blogs copied this deb packes in to their PPAs and giving their PPA reference.This might work in ubuntu 10.10.
Note:- This application is still in development so this might break your system.