I was told that things where going to change in avid particularly on the lower spectrum with the purchase of pinnacle. You should try the liquid edition its very close to edit and has great nesting and media mangement plus a lot of other goodies like hdv native (if you are in to that) multicam….
ALso check out my favorite app cinegy extreme for a very powerfull and yet uncomplicated editing composting and animator. there is a free demo available at wwww.cinegy.com
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