Online Video Editing

Does anyone know any online video editing app which we can include in
our site?
Somthing like http://jaycut.com.

Ideally a flash based one.
I need a tool like that to edit mpeg2 videos uploaded to my site.
It should also preserve the quality of the original video.
Ideally, the app should show a low res video to the user for editing
(to make it load faster to browser), but once the changes are
comitted, changes should be done in original videos (retaining the
quality of original video).

Any help is appreciated.

Regards,
Thushan

What about motionbox.com?

Thanks Eno.
But I don't think I can put that in my site? Or can I?

/ Thushan

There are a lot of services like motionbox:
http://www.techcrunch.com/2007/02/21/cuts-launches-amidst-online-video-editor-war

But I need something that could be installed in my site.
Is Adobe Remix available for developers?

/ Thushan