Free Video Cutter software (version 5.0.1) is a practical tool that allows users to cut and split their video files. It supports various formats like AVI, MPEG, MP4, WMV, 3GP, FLV, and many more. The software's user-friendly interface lets users select and cut the parts they want swiftly. Additionally, it also provides the feature of playing back the selected video segment, ensuring users can verify their selection before finalizing the cut.