Very easy to use. Provides more customisability compared to Animoto and other online video making alternatives.
No video templates. Eg. if I want to create a top 10 videos, it helps to have a few video templates to choose from.
I've been using Typito for 3-4 months now and I'll recommend the tool to marketers, agencies and media folks who are going heavy on videos. The tool can definitely improve in many ways, but it shows all signs of a promising product.