If I would have known this was going to happen, I would not have downloaded the new version...
iMac, OS X Mountain Lion (10.8.2)
The features are still there.
You might want to have a look at some of the resources here:
http://www.apple.com/support/mac-apps/imovie/
Also, if you had it, the previous verson of iMovie (version 9) should have been left behind in your Applications folder.
Matt
I seem to have lost a lot of the cool features on iMovie when I downloaded the new version, Ken Burns effect, fonts, colors etc.
