The landing page doesn't do a great job of describing what it does. In short, you send them your uncut video recordings and they'll return the edited highlights -- the most notable and interesting footage -- within two days. I have dozens of hours from my childhood -- mostly stupid stuff -- but there's some gold in there that I'm too busy to dig through.
Highlights are very subjective, especially for personal videos, so I'm skeptical what the final output will look like.
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Hunter
I have actually used this product, and I can say I sent them a few GB of random footage from one of my old River trips, they sent me a highlight video within 24 hours and it was AMAZING! A lot of the footage was pretty entertaining and funny, so once the end product was received I was impressed that somehow the editor made all of the footage come together really nicely.
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Poolsuite