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Here i am quoting PC Magazine review about Visual Studio.
“Arguably the most functional consumer video editor available, Ulead VideoStudio 7 now has several innovative features never before seen in its class. DVD authoring features still trail category leaders, however, and the company still hasn’t tackled automatic movie creation, a feature that Microsoft Movie Maker 2 [...]

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One of the major improvements over Movie Maker v01 is the ability to add transitions, titles and effects to your videos. The choice is very limited (but you can always just a shell of the Microsoft Plus Pack, which provides another 50 or so effects).

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