AVS4You makes some decent software at a great price. You can do video editing with their products. Annoying Orange effects may be harder to do and would take some sophisticated software like Adobe Premier Pro or Adobe After Effects.
AVS4You is $59 for all their tools, Premier Pro lists for $799
Yeah, good luck with that. You could try www.nonags.com, they have freeware but I doubt your going to find anything like what it takes to do the effects you want for free. Also, try Googling "free video editing software", you will get a lot of hits. Here's another site with a list of free editing software - http://www.akascope.com/2011/07/15/...
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