I know it is at least criminally insane to use a whole 3D animation suite just for basic video editing, but, if everything else fails miserably, here are some notes and a screencast explaining the basics of using Blender for video editing. Well, not exactly what a n00b and hobbyist like me had in mind, but, hey… I gave it a quick shot and it seems to work. Any other resources on this topic are extremely welcome!
Update
Found some resources:
Using Blender for Basic Video Editing in Linux by George Notaras is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Copyright © 2009 - Some Rights Reserved
Thank you for taking the time to explain Blender video editing – well done!