I think we should we just wait and see before we start to criticize. For those of you worried about application size and such forth, Apple makes FCP Express. Maybe that will be more along the lines of what you need. For me, I love my FCP. With each version FCP has only achieved greatness. I for one will be the 1st in line to get the update. It sounds like just the thing FCP needs to bring it to the next level. And since I make my living editing with FCP, I am looking forward to this release.