Your welcome,
I am Using QT10, iMovie or Screenflow, and/or use Automator-scripts for annotating or quick compressing, depending on the work I am doing. (automator has some nice quickies, right-click a movie-file, choose the desired compression and/or annotation and of you go).
I stopped using QT7 pro more or less when the new codec h264 in the mp4 container became a standard.
I produce video-tutorials (using Screenflow) that I publish on the web (own website using HTML5-player) and produce some movies (mostly short documentaries). If I don't publish them om the web I share them using maildrop from Apple or a simple usb-stick.
For web-sharing I find iMovie having sufficient possibilities. Screenflow has even more. I rarely use QT10, and don't need QT7. (Stopped also using FCPX)
I Stopped producing all kind of formats for web-publishing as most of the people do have computers, software and browsers, that can handle mp4/h264. If not, "bad luck"😉 however, to be honest, I do share my videotutorials also through Vimeo, they take care of all the different formats and platforms. I can upload with QT10/iMovie of Screenflow in the required format and HD quality even 4k if you like. (You can directly upload to Vimeo/Youtube etc.from al these app's).
If I have to take in some legacy formats (That QT7 can handle) I mostly use Handbrake, or simply ask the sender to deliver in AVCHD or MP4. I simply don't produce "legacy" formats.
So in your case: It might be possible to do the quick shorting/merging video with QT10 (it's easier with QT7, but much, much easier with iMovie), and then export either using QT10/iMovie or use an Automator script on the file. But stick to the present HD-standards and forget the rest 🙂.
QT7 is legacy software and I doubt if will be supported much longer. (Instead there is of course "Compressor" from Apple).
Ha, Long answer...
Cheers
Ben