Cloud Based Video Editor

[moocow1452]

So, crazy idea... What if there was a web video editor availible that one could input torrent and magnet links into, and use minimal bandwith by only getting the parts of the files they need for editing?  I know that Bittorent Torque is available to public as btapp.js, and it works in the cloud, so could there be a web editor that has a similar idea behind it, as opposed to just consuming media?