Waterfall Software today unveiled , a major upgrade to its utility for storing and organizing your personal movies. Dubbed as "the equivalent of iPhoto or iTunes for your video files," version 3 delivers major speed improvements, an updated user interface, seamless drag and drop to other applications, support for more file formats, and much more. iVideo 3.0 also fixes a numerous amount of bugs from previous versions of iVideo. In addition, iVideo 3.0 brings the ability to save any movie library as a visually appealing web page, letting the user upload it to a .Mac account or any other web server. iVideo 3.0 is a free upgrade to previously registered users. New purchases are $20. iVideo is compatible with Mac OS 10.2 or higher.