Assuming that is your workflow, I believe I should be able to cut that 4-5 times. Namely, I would cut down on your first time probably 3 fold, by making it waaay faster - I already have instant preview everywhere as you hover something with the mouse (I'm working on making this even faster).Cutting down (trimming) videos is simply insanely easy and fast, so I assume I would cut that process in half also.
There might be some bugs to iron out, but if you'd like to try it out (the app), we can go from there.
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