The new Final Cut Pro which was launched yesterday looks like a very different way of doing things when it comes to video editing.
The biggest catch I have seen so far is you can’t yet import Final Cut Pro 7 files into Final Cut Pro X. This is a glaring oversight. You can import from iMovie though! We are looking to buy a copy this week for the new Color matching tools but we have 5 people that currently work on the previous version and the project we are working on is not yet finished. So if we can’t import a Final Cut Pro 7 project, I don’t see this as useful until you start a new project from scratch. Very odd decision from Apple.