Through history, technological advances have facilitated new ways to embarrass people, like the video camera enabling America's Funniest Home Videos, which in turn enabled America's Unfunniest Tom Bergeron. Use the latest to effortlessly exploit your friends, with BlipSnips.
Just-launching their app today, Boulder-based BlipSnips allows you to mobile-y load/edit vids to Facebook and jump friends to specific times to skip the boring stuff, an innovation born from its founder's frustration over lacking a good way to share a 45 minute YouTube vid of him bike racing with friends, which he apparently has, despite showing them 45 minute videos of him bike racing. Everything can be done from your iPhone/iTouch: tag friends, add captions, then highlight your favorite "moments" (i.e. nut-shots) with "bookmarks" that'll display time and commentary above the video (it'll jump to the first one for any linked friends), and then directly upload the thing to Facebook, where your mom will comment that you look really handsome in that green polo, and that nut-shot looks like it hurt! The Snip's own site is a video treasure trove with 100+ pages of funny and interesting clips from around the You-niverse (from confused penguins, to bball dunks, to people falling) all captioned & bookmarked by the BlipSnip community, also a new show whose 18 second episode length makes it perfect for Joel McHale.
Down the line, they're also planning to add a function enabling you to tag a vid with/to a friend's Twitter, a service that just like Bergeron, can do 140 characters, and says very little that's worth checking out.