The latest version of VLC media player VLC 1.0 lets you cut videos and use it as a video cutter.There has been a lot of several cool features added to the latest version of VLC.If you haven’t downloaded the latest version yet,then download it from
How to Cut Videos Using VLC 1.0
Install the latest VLC player(1.0).
Play your video and press Shift+R for Start cutting and again Shift+R for finish Cutting, or follow below steps-
Open player and under option “View” select “advanced controls”.
Now you can see some extra icons available in your control panel.First button from left is the “RECORD” button.
Open the video file from DVD or hard drive and just click the record button to start cutting the video.Press it again to stop recording.
After you finished cutting the video clip from vlc,you can find those clip in your “Documents” folder named as VLC Record with the date and time.By this you could save your favorite video clips from right inside vlc player itself.The recorded clip will be saved as an MP4 file.