Great tool for education.
This application, in my experience, is better suited to more self-motivated learners. They have to overcome a small learning curve to get set-up and running, but it is pretty easy after that.
How I Use It
I enjoy using this product to have students research a topic on their own and then make a short (3-5 minute, generally) video to summarize the key points of what they learned. Since it is a cloud-based application, this can occur inside or outside the classroom and on nearly any platform.