bought out by RIM (BlackBerry). At the time JayCut stopped accepting new users but did allow existing users to continue to use the service. Today, I got an email informing me that as of January 31, 2012 JayCut will cease to support free user accounts. If you have been using JayCut for video projects, download your videos before January 31, 2012 or you will lose them. Click here to find directions for downloading your videos from JayCut.
A couple of alternatives to JayCut that I like are WeVideo.com and Creaza Education.