FCP X is a brand new app, not an upgrade of FCP7
...as people have been saying ad nauseum. They can co-exist, on the same system, right? If you don't like it, stick with FCS3 for professional work. Worry about FCP X when you feel it's ready for what you want to do. If you buy another machine, just buy another copy of FCS3 to run on it, sweet. Except you can't.
Final Cut Studio is gone. Color is gone. DVD Studio Pro is gone. FCS is gone. You can't buy it any more, because it's been superseded and is no longer sold. So please drop those arguments about peaceful co-existence of versions, and make sure your original FCS3 disks are in a safe place. Because if you want to buy Final Cut, this is the current version. This is not only the future, it's the present.
Final Cut Studio '09, Mac OS X (10.6.7), Tangent panels, Avid Nitris DX