Apple has sent out an iMovie Update ,This update fixes and issue with the videos created by the iPhone 3GS & a few other Bugs. To Update iMovie Click The Apple icon on the menu bar and click on Software update.

This update improves overall stability and fixes a number of other minor issues. The issues addressed include:

• Fixed a problem with incorrect rotation when working with video created by iPhone 3GS
• Resolved instability when adding multiple beat markers in some languages
• Corrected an issue where iMovie could become unresponsive after using fine-tuning controls beyond the stabilized portions of a clip

The update is recommended for all users of iMovie ’09.