I know this topic is a bit old but here at Warner Bros we are not often anxious to upgrade our systems when Avid announces an update.
Over the holiday break (2014 – 2015) we upgraded our Avid Media Composers from v6.5 to v7.04 and while there are some nice features that many have echoed in this thread, we realized that Dynamic Relink is broken and that took us down. We had to back rev to 6.5. When we spoke to Avid they mentioned that they were “aware of the issue” but we have no fix as of yet. They thought 7.04.1 would fix the issue but it did not.We wish they would have warned us before the upgrade.
All in all we share some of the frustrations as others but the lack of speed and snappiness is one of the major issues our editors constantly voice. It takes forever to start up, launch a project, and the system often hangs in the middle of tasks. We have worked with Avid to resolve the issues for years now and even with their help we have never been able to get back to the V5.5 snappiness. Very frustrating for all.