http://support.apple.com/downloads/iMovie_8_0_4
About iMovie 8.0.4
Version 8.0.4:
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
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