Ok, now we're getting somewhere in iMovie! Many of the tutorials, while interesting, was information that I have already found on my own while exploring the program. But now I'm into the good stuff, the things beyond the basic control panel interface.
One of the big things that I never understood, although I had clicked on it before, was the Precision Editor. I used to spend a bunch of time "zooming" in and out of my clips to get the cuts in between my files as accurate as I could. While effective, it seemed really clunky to me. The Precision Editor function of iMovie is exactly what I've been searching for.
It's also very cool that you can use the Precision Editor to transition not just between clips, but also your audio as well.
"House Lights... Go"