J.J Abrams' Bad Robot has released a new iPhone App that lets users add awesome effects to their movies.
While it is free, it only comes with two effects that include Missile Attack and Car Smash. There are also separate effects packages that include two effects each that cost a buck.
It's a very simple app, all you do is fire it up, choose an effect, shoot some footage and select when you want the effect to start. It takes a few seconds to process the footage and then you have an awesome clip you can use in iMovie and be the next J.J Abrams. Or maybe it's more Michael Bay
Each effect looks really good and comes with nice sound, it's fun to play around with, see some samples after the break.
The extra packs for a dollar are Chopper Down/Tornado and Air Strike/Firefight. There are also more promised to be coming soon.