A webbased editor for recorded lectures for teachers

An interesting selling point offered by Echo360. They are now offering their recording boxes. We had one concern when looking at this recording solution. The boxes are thin clients and they require a network connection to the server to operate. In several cases we have had to recordings in spots where there was no network connection present or the firewall ports where not open. This does limit the application of a capture box.
One thing I am intrigued by is the option of allowing teachers to edit their own presentation through a webeditor. This certainly does allow for easier adapting by teaching staff to their pedagogical approach. Editing a recording allows for easily creating reusable learning objects, rather than full lectures. At present our editing has to be done by (busy) audio visual staff. Of course allowing teachers to edit also means administration, giving each teacher access to his/her own recording.
For more information check out their website: http://www.echo360.com/verbatim/