I tried using Adobe Elements to edit my desktop video made with Debut Video Capture Software. Debut is a really good program and turns out good quality video's. It's free and easy to use. The only problem is the file is to big to ftp. Need to edit it with another program. When I used Adobe to edit my video I couldn't even make out the lettering on the computer, and everything was blurred. Is there a better free program?
Most people use the famous free Windows Movie Maker that comes with Windows XP. I do as well and it does the trick. I edit the video with it and add titles, text etc. As for any others, it's a matter of doing some research. Good luck.
I can't imagine there is a lot out there that will do what you want for free. I agree with thepresident - FCP or AAE are the only way to go if you want it done right!