I don’t mean that it is Final Cut Express in a literal way, I mean it from the point of view of the expanded demographic that they are hoping to cater to.
Their intention seems to be to make it a one stop shop and sweep up what would be the profile of a Final Cut Express type buyer with it. It’s clear to me that round tripping from an application like Color is too complicated for that kind of user experience. What people want is an express way to have it all.
Finally, let’s be honest here, apple is not going to make a profit by having Pro buyers pay less, they are going to make more by having amateurs/semi-pro’s take a step up in quality and pay a little more. $199 hence becomes $299. That is the bottom line.
This is not to say that it won’t be more powerful in a lot of ways, that is the force of advancing technology, but this is an application designed to function as an express lane rather than an editing suite.