iLife has some simple (yet good!) stuff? I use FCP myself and unfortunately it's a slippery slope! There's a 'lite' version of FCP on the official Mac site - Final Cut Express 4, for £129 (don't know the dollar equivalent but it's not in the thousands category!. I would heartily re commend the purchase - even if you are only dabbling, as unless you are extremely determined in only doing basic stuff, you'll only spend more money on it eventually - probably much sooner than you think!
Trust me, I know! Been there, got the T-shirt! If you haven't used Final Cut you're in for a treat, especially as you're enlightened enough to be using a Mac in the first place! ;)
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