I just spend a total of 3 minutes playing at Animoto.com and created this:

Unbelievable, right? I’m a believer now. Using a nifty custom algorithm, Animoto.com analyzes your photos and the music to create a one of a kind multimedia experience. You simply select your photos from your computer or elsewhere online (like Flickr or lots of others), choose the music from their collection by genre or upload your own DRM-free tracks and then they make it awesome. Five minutes or so later you can email, embed, send to YouTube or download the finished product.

Their business model is clever too. You can make as many 30-second clips as your heart desires for free, pay $3 for a single full-length video or $30/year for unlimited full-length videos. Try their Facebook app as well.

Tags: animoto, awesome, flickr, photos, slideshow, video, web2.0