Kdenlive 0.7 Beta had been built specifically for KDE4 and features many improvements over the previous 0.6 version.
Main features, from the Release Notes, include:
* Capture video from your camcorder, webcam or screen
* Mix a large number of different formats (depending on your FFmpeg install): mpeg, flash, mp3, ogg, png, jpeg, dv, hdv
* See the result of your work (effects and transitions) in realtime
* Export your work in several formats (hdv, dv, mpeg, ...)
* Create titles, slideshows and more
Read the full announcement on the KDenliv website.
Screen shots of the new version in action are also available.
Coupled with the new application release is a complete redesign of the Kdenlive website.