Cinematics, Machinima

Sorry, if I post some beginnersquestions here:

Is Unity also a tool/editor capable of creating in-game cinematics and cut scenes or would I need extra tools or plugins for doing this?

It’s definitely possible, cut-scenes are just gameplay without interactivity after all. What sort of cinematics are you planning?

Since I saw the fantastic videos, that came with Megafiers new deformation bundle, I am thinking of the possibility of doing realtime animationclips, that tell small stories by using unity.