Yahoo! has finally decided to pull the plug on Jumpcut, a web based video editor that has been on life support since December. That's when Yahoo! stopped letting users upload videos to the service, instead suggesting that they upload short videos to Flickr.

Now TechCrunch reports that Jumpcut is sending out emails to users letting them know that the service will be closed on June 15th, 2009.

It's too bad to see Jumpcut go down. The service could have been really useful. While it may seem strange to upload a video to the web before you've editied it, the truth is many of the free video editors for Windows and Linux computers either lack features or are too complicated for casual users. Jumpcut was simple to use, but offered a limited feature set. For instance, you couldn't download finished videos and you couldn't send them to YouTube, Yahoo! Video, or other sites. Rather, you had to direct viewers to Jumpcut or embed the Jumpcut video on your page.

Yahoo! will soon release a tool allowing existing users to download videos saved on the site -- something the company probably should have done ages ago.