Is Final Cut Pro 6 compatable with OS X Lion?

I was thinking about upgrading my Macbook Pro to OS X Lion (I currently have 10.6.8), but have read in the reviews that there are some issues with older programs not being able to run. I use Final Cut Pro (6.0.4) very frequently, and would hate to have it be rendered useless. Does anyone know if this version of FCP will run on Lion?