Well put. A few years back I was at a seminar related to video editing, and if I recall, FCP editing specifically. The instructor leading the seminar essentially warned us that Apple could care less about its "Pro" apps and that DVD Studio Pro, Motion, and even Final Cut were all in danger.
Unfortunately, looks like that might be the case. Let me preface this by saying I have not used FCPX yet. At this point in time, it is not an option for our small production & post-production house; amongst other show-stopping problems: we simply need to be able to open and leverage work from existing projects; and we absolutely need multi-cam. Even at the price of $300, it wouldn't be worth it. It is unusable in its current form.
For the last couple of years, Apple has watched its competitors pass it by in pro video editing and done nothing.
Now, it releases a product which - by all accounts - is offensive to pro video editors.
Honestly, I have no problem with that. If they want to grab the prosumer and amateur market - go right ahead.
I just wish they had the decency to openly admit this to the portion of its users that relied on their product in a professional realm.
Is stringing us along so that we'll buy FCP X before realizing its not a professional product really worth it? Just admit you're out of the pro game, and let us pro-FCP users move onto companies that are creating products for those of us who earn a living editing video.