iMovie 8.0.5 Update

New update is available today: iMovie 8.0.5 update. Based on an article by Roughly Drafted Magazine, here is an abstract of the update:

Apple has created a new video format called iFrame for use by camcorders, allowing optimized import into iMovie for editing.

...javascript:void(0)

By floating the new iFrame format using the same standard MPEG-4 H.264 video, Apple hopes to simplify the import process for consumers, making it easier and faster to ingest camcorder video for editing.

Here is the space comparison:

Commad: df -lak	Used(Kilobytes in 1024-blocks)
Before	...3,860
After	...4,408
Difference (A-B)	548