BoinxTV is a live video recording and production software tool for the Apple Mac OS, and does not have any video editing capabilities.
It is important that you realise that BoinxTV is aimed at allowing a TV show or Video podcast producer the ability to create and record a highly professional looking programme live affordably without the need for additional time spent in post production using just either an Apple Mac computer or MacBook Pro laptop, but BoinxTV can not be used to modify the end product in anyway, you would still need video editing software for that even if it is only iMovie HD the default package that ships with an Apple Mac operating system.
The reason I'm mentioning this is that in the run up to the launch of the release version of BoinxTV, there has been mention of how the BoinxTV software might be a product that could compete against the NewTek Tricaster portable studio production hardware. Well this is one of the major differences between BoinxTV and Tricaster, so if you are only looking for something that allows you to record a professional looking live show without the need to clean up any mistakes you might make, then BoinxTV should fit the bill.
Personally, I think the highest userbase for BoinxTV will come from the Video podcasting arena.