Archive.org link for the v0.2 documentation: https://web.archive.org/web/20210419191239/https://docs.rack...
I've done a little video editing using Adobe Premiere (mid-2000's) and Shotcut (2022). The UI for both seemed overwrought and difficult to get what I wanted out of. A text description of timecodes and filter parameters sounds a ton easier to use.
Having said that, I assume that would exist if the market actually wanted it.