Simple editing of video is not too hard or godlike (yet amazing things can be accomplished with just this alone). Kudos to those who remove center channel audio smoothly. Double kudos to those who replace portions of the soundtrack. Triple kudos to those who add VFX using after effects (like poppasketti).

Easy solution to most everyone who wants a custom edit:

load the video file into Vegas/Final Cut/Premiere
use the slicer to make edits and move scenes around
crossfade the audio between the clips
export the project
watch it over and over until Rian Johnson comes out with his own trilogy