Yeah, plus check this out, I found a good work around on compatibility issues of movies. It's a lil extra work but worth it as both Reel Director and Imovies have their benefits over the other one. Like with imovies, I like all the sound fx and built in themes and theme music.
Ok here we go,
1) u need both Reel Director and Imovies. As this is for moving movies that can't be seen thru imovies, but reel director can.
2)go into reel director, load up the movie u want to use in Imovies. It will then compress the video. Then go back out to main screen. Press the render tab as it will render it making it a final product. Note, rendering the file makes it bigger. For ex. I rendered a 7.8mb file and when it was done, it eneded being like 14mb. Plus thru ifiles, I saw it converts the mp4 into .MOV format.
3)once completed , press the box to save it to camera roll. Once it's saved. Exit the Reel director app.
4) start up imovies apps. Press the + sign for new project and now ur movie "should be" seen by imovies and u can edit it now thru that app.
I like to use a combo of the two apps using various fx and techniques from both. I tried again, with ifiles, to move a mp4 movie into the camera roll folder n imovies still wouldn't see it. I think the movies have to be originally saved in camera roll folder and be in mp4 or mov. Format. The reason imovies could now see the movies thru reel director is because it saved them to camera roll and rendered/converted it to .MOV format. Works every time if u got a movie that reel director sees but imovies doesn't. Just do those steps and it will finally show up in imovies. A lil tedious but works. Plus u can always delete the original movie if u wish cuz in a way,this makes a copy of ur movie but in a way or format to where imovies can see it.
I've tested this with mp4 movies only so far. As for some reason, imovies wont detect those movies on my iPad. That's how I came up with the idea of running them thru reel director, as the workaround has been working for me so far. Also, once rendered reel director converts the files to .MOV format, which "should" definitely be seen by imovies.