Action!: Movie Making in Education

I think making movies could be great fun and highly educational if done properly. I'm looking forward to seeing what kind of ideas/experiences everyone has related to this. A few thoughts I've had about it so far:

I actually wanted to make a video with some year 11 Biology students last semester, but my mentor started going on about privacy in the digital age, and it became too much trouble to go attempt as a teacher candidate. As an employed teacher, could you see yourself making videos with your classes? I think there is potential but I'm still not sure about the execution.
I also observed a chemistry class last semester where the students were shown a video made by a teacher and several students. It was funny, entertaining, and educational... but looked to be produced in the early '90s at best! Corniness factor was up there, which was enough to get the attention of most students. While I was impressed by the shelf life of the video, I was actually surprised no other teacher since had stepped up and attempted to make a sequel...
What about you? Would you make a video to show students? Would you have students produce a video that you could assess? Class project? Music Video?? Drama???

What if there were a site that would be only for student-produced, educational videos which could be organised by subject and year level, sharing educational videos produced. I think it could be a great resource and encourage some friendly competition between schools. (Maybe it already exists?)

I guess I'll conclude with a few of my own thoughts:
First of all, I'm a Mac snob. I must suggest iMovie as a much cleaner, intuitive, and user-friendly program with some snazzier features than Windows Movie Maker. Hopefully I'm not offending anyone here!
Secondly, if you're looking for some kind of footage for your video and you can only find it on youtube, there are programs available that allow you to download youtube videos. Copyright issues aside, that can open up a lot of possibilities.
Finally, as far as blogging/blog-following goes, check out google reader. Any blog you're subscribed to will be added to one page, where you can quickly see any new posts from blogs you follow. Very handy, especially if you start to get more involved and start following more and more blogs.

Anybody remember school house rock, the original

 educational music videos???