Adobe is great, this is not

This should not be released with the Adobe name attached. Its harmful to their brand. They are usually much more professional.

Might be good for automatically making kitsch home video slideshows.

Not useful for professional or practical creative video editing.

It obviously doesnt need to be as good as Premiere, but should have sizing orientation and placement options at least, then keying and automation eventually.

Im hopefully Adobe will improve this as they have been improving other mobile applications.

JohnSmith about Adobe Premiere Clip - Create, edit & share videos, v2.1.1