What happens to QuickTime 7 Pro? This is an Apple App which I find very useful for ultra fast quick edits to videos.

QuickTime Pro 7 is on the list of unsupported 32 bit applications. I still use it for ultra quick but basic editing of video. I have tried some of the newer and more advanced tools but find them to be more trouble than they are worth. Are there any plans to incorporate those basic functions into QuickTime or any suggestions for a basic cut/paste/drag/drop for video?