Background : This is an open-source project underway in Mozilla Drumbeat to create a wiki-way of adding subtitles, in any language, to any video. It addresses the long-felt need to crowd-source and make easy the taks of adding subtitles to videos worth sharing with all the people even if they're deaf or can't understand the original language.
I submitted this feedback there; posting it here for my own record as well. Basically brainstorming on ways to take the project forward - it needs some fresh work.
Check out my speech over there: http://www.universalsubtitles.org/en/videos/4R7tG8HlBO1C/
Thanks to this I could make several parts of it legible! (The audio was a bit obscure at places)
Feature Request: Please have a mode where I can simply enter the minute:seconds, enter the text, and specify either the duration or the end times, watching the video on the same page. Then in next stage I can simply make minute adjustments. (more ideas shared; expand this article to read all of them)