This is a bit of an old thread, but I am seeing a similar issue, which I guess is a bug in iPhoto 9.4.2 (and perhaps is what Esteban was seeing).
If I edit the date of a movie (from my iPhone) in iPhoto, and "Modify original files", then export using phoshare the file seems to have the adjusted date.
But, if I do the same thing for movies from my Panasonic DMC-ZS3 camera, iPhoto shows the "new" adjusted date, but the phoshare export has the OLD date.
It looks like the file stored in the iPhoto Library app bundle also has the OLD file date, i.e. it didn't really update the original file? Or it updates metadata for the original file (but not the file date) that is ignored when exporting?
I guess I will have to find the movies from this camera in picasa, and fix the date there again.
Thanks for phoshare, though, it seems to be exporting the descriptions from iPhoto like I wanted!
Eric