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sony vegas pro was my software of choice back when i was using a PC. i've upgraded to a mac since then and i'm currently rocking final cut pro. both are solid choices.
I would go with ski editor 5, it comes with a selection of wu tang songs to use and a few gimmicks such as gunshot sound effects and your favourite energy drink logo.
Dude, the amount of money you could make selling the software to all these kids wearing gopros nowadays. Is there any open source video editing software to code onto? I think I'm gonna do this for shit and giggles.
i use paint and windows movie maker cause thats what they used in everyday is a saturday im pretty sure its the best for getting those sick blurry glitch transitions that look how dubstep sounds playing in the background