I had just five minutes to tinker around with Mojiti the other day, but I’m intrigued by some of the possibilities it suggests. Mojiti is a video editing application that lets you layer word balloons, thought bubbles, captions, and other markers (circles, boxes, and so on, all of which can be animated) over any video on YouTube and a number of other video hosting sites. It’s good for mash-ups of existing content (music videos, news clips, etc.), but I can also imagine using it similar to the way the Word of the Day works on Colbert, where they deliver the straight-faced monologue and then upset it with captions, creating ruptures overflowing with puns and hilarity. Where’d I hear of Mojiti? Over at Mashable, of course. As feeds go, it’s one of the best new additions I’ve made in recent months.

To try Mojiti, I checked it out (remember, in only five or ten minutes) with this goofy little YouTube clip of the highlights from a soccer match Ph. and I played on the PS2 several weeks ago between Senegal and Italy.