It's a free download. (Mac only, at least for now -- there's a rudimentary Windows port that I'm hoping to finish one day.)
Unlike Edge, Hype and the rest of the animator apps, Radi uses the HTML5 Canvas element for rendering. The other apps basically do element-level animation using JavaScript + CSS3, whereas Radi renders frames from scratch. This allows advanced features like content keyframes, smoothly scaled brush strokes, etc.
Radi also supports HTML5 Video and Audio elements; you can create video effects and realtime Canvas script layers; and there's a minimalist Markdown editor included for text content.