My parents are in town this weekend to visit me and to spend time with the fathers for the day. Today was "see the apartment and shop some more" day. Instead of shopping uptown, we went to Soho. Whenever I visit Soho it almost definitely means a trip to the Apple Store. Today was a good one too, because it was the release day for Final Cut Pro.
I was able to play with the software a bit, and immediately I was annoyed. The feature set is great, but it crippled a 1 GHz G4 Tower with 256 RAM. Before it could finish loading I was told that the mac was out of memory. That's not cool. So, I couldn't really play with it a whole lot, but I can say it is definitely a worthy upgrade from version three.
Soundtrack seems really cool and the general interface is improved. I also think that RT Extreme will be really helpful as it allows you to see a number of effects without rendering. It will save a lot of people a lot of time. There is plenty more to discuss but I don't think I can tell you anything you can't read here.
If I were in the video editing profession, I would buy this in a heartbeat. Since I'm not, I'll be looking for a copy from a friend to give it a true trial run.