Final Cut Pro X  
 As Larry Jordan (who saw the editors preview six weeks ago) notes  here , this was a  preview  of some of the new features and shouldn’t be jumped on as the product at launch ( June, $299). Although I’m instinctively balking at the iMovie-ness of some of the features, I’m likely wrong - the facts are that automating and visualising some of the organisational tasks of editing makes sense and leaves more time for getting creative. Timecode based key-wording rather than sub-clipping is just one of the things that makes me want to get my hands on it ASAP for instance. 
 Anyhow, for now, you must read Larry Jordan’s blog  here  
  64-bit, with OpenCL support 
 All editing native – no transcoding (for supported formats) 
 New UI with “magnetic timeline” and clip sync 
 Resolution independent playback system 
 Handles up to 4K 
 Uses Grand Central Dispatch to use all cores 
 Fully color-managed (ColorSync) 
 Stabilisation, audio and shutter correction, shot detection and colour balancing automatically applied during ingest, playback immediate.  
 Timecode-based keywording within clips 
 Collections and “smart” collections of media based on metadata and analysis, presented in iMovie filmstrip style 
 Auto-syncing clips via audio waveform analysis 
 Automated color-matching between clips 
  Liveblog of the Preview from  Photography Bay  
 Thanks to  Devin 's post at CrunchGear for the breakdown (it's early)

Final Cut Pro X

As Larry Jordan (who saw the editors preview six weeks ago) notes here, this was a preview of some of the new features and shouldn’t be jumped on as the product at launch ( June, $299). Although I’m instinctively balking at the iMovie-ness of some of the features, I’m likely wrong - the facts are that automating and visualising some of the organisational tasks of editing makes sense and leaves more time for getting creative. Timecode based key-wording rather than sub-clipping is just one of the things that makes me want to get my hands on it ASAP for instance.

Anyhow, for now, you must read Larry Jordan’s blog here

  • 64-bit, with OpenCL support
  • All editing native – no transcoding (for supported formats)
  • New UI with “magnetic timeline” and clip sync
  • Resolution independent playback system
  • Handles up to 4K
  • Uses Grand Central Dispatch to use all cores
  • Fully color-managed (ColorSync)
  • Stabilisation, audio and shutter correction, shot detection and colour balancing automatically applied during ingest, playback immediate. 
  • Timecode-based keywording within clips
  • Collections and “smart” collections of media based on metadata and analysis, presented in iMovie filmstrip style
  • Auto-syncing clips via audio waveform analysis
  • Automated color-matching between clips

Liveblog of the Preview from Photography Bay

Thanks to Devin's post at CrunchGear for the breakdown (it's early)