Quickly Trim all But Your Best Footage
Video Highlights: Watch how to easily get rid of your least interesting, lowest quality footage to enhance your scenes or make your movie fit a desired length. Smart Trim can automatically cut bad footage or recommend cuts to let you make the final decision. Versions 8 and up.
via Classroom: Basic Compositing and Animation in After Effects | Adobe TV http://tv.adobe.com/watch/classroom-after-effects-cs5/quickly-trim-all-but-your-best-footage/