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was listening to macbreak weekly this week (tech podcast). alex lindsay who is a video guy/editor/tech was talking about how 90% of the users will be fine with it, but the higher end editors won't be. users unable to import fcp 6/7 stuff into it is a big problem and some others like multi-camera editing and some others. rumors are that apple will update it later with some of the pro stuff.
honestly, they can grab a larger % of the users with a $299 price vs $1299 and thats the goal. it'll sell mac pro's, mac book pro's and macbook air's. it's a digital download with no cost to stock in stores.
high end editors might flock to avid and adobe and even to sony vegas though. it'll be interesting to see how it plays out.
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