I have been an “professional” editor for 15 years now. I’ve used FCP, Vegas, Etc. Even though I have been using Premiere (currently CS3) for the last 5 years though my various jobs, I too would say that Premiere in not a “professional” application. It is a very quick editor and it integrates VERY well with other programs, but as for the overall look of the final output, I would say FCP wins hands down. I wish Adobe would place Premiere in the same “professional” category as After Effect and Photoshop, which I feel are amazing “professional” programs. Premiere reminds me of riding a trike, while After Effects and Photoshop are Ferraris. I battle daily with Premiere, but it produces good enough video to put on the web, which is what I do. I would never use Premiere if “professional” quality was demanded.