Nice but..,
Easy to use, lots of great features but...
Huge reduction in saved image quality makes the app far less useful than it might be.
Also, even though you select a start location in an audio file and it might play fine from your selected spot while in the Layered app, the resulting saved file will not play the audio from your selected start point. (Tried restart project, delete file, restart app, new project, etc, etc, …no help)
Also its very difficult to select the audio play start location in the slider in the editor, soon as you remove your finger it moves to another spot. Perhaps a better option might be the ability to double tap and enter an actual specific start time.
Also, the text labels in the Audio Selector pane are very difficult to read, just a little larger font there would help immensely.
With a few tweaks this is definitely a 5 Star app.
(3GS / iOS 6.1.3)
cpthngr about
Layered: Video & Photo Motion Graphics Studio, v1.1.1