“Final Cut Pro X kicked off a storm in the pro video-editing community when Apple first released it. It lacked necessary capabilities they needed for their jobs—XML export and import, multicam editing, and broadcast monitor support,” Michael Muchmore reports for PC Magazine.

“The third and latest update to the software brings just about everything the pros wanted, including a big one: multicam editing,” Muchmore reports. ” Final Cut Pro X 10.0.3 ($299.99, free 30-day trial available) also brings beta support for broadcast monitors, detailed control over chroma-keying, and an XML update that enables a third-party plugin to import projects from Final Cut Pro 7.”

Muchmore reports, “With each feature restoration, Apple has not just brought parity with earlier support, but has rethought it, making it both more powerful and easier to use… With Final Cut Pro X 10.0.3, XML 1.1 provides even more detail, to the point that it has enabled a new plugin, 7toX (from Intelligent Assistance), to import projects from Final Cut Pro 7—addressing a huge concern of the existing user base. Another new workflow capability is support for Apple Xsan storage, with file locking so team members don’t trip on each other’s work.”

“Thanks to both performance and ease-of-use features, pros may find that the same tasks take a fraction of the time they took in previous versions,” Muchmore reports. “For video enthusiasts on the Mac, Final Cut has been a daunting upgrade—until now. Final Cut Pro X is a delight to work in compared with other serious video editing software. Final Cut Pro X brings the prosumer loads of power, ease-of-use, and no-wait performance. The speed gains (from 64-bit code and multicore support), the two-thirds price cut, and some nimble new tools in a fluid, highly usable and precise interface make Final Cut Pro X our Editors’ Choice for high-end video editing.”

Much more in the full review – recommended – here.

MacDailyNews Take: Have fun falling farther and farther behind even more quickly than a Windows PC sufferer with a BlackBerry, Bunim/Murray Productions.

Here’s a bit of what our own SteveJack wrote shortly after Apple debuted Final Cut Pro X:

Is all the noise we’re hearing today really coming from Final Cut Pro users who still have their previous Final Cut version(s) and already know how to properly and rationally submit feedback to Apple?

Or is it coming from non-Final Cut Pro users who see the $299 writing on the wall and realize that they’ll soon very likely have to learn something dramatically new and different from outside their comfort zone? Apple’s previous Final Cut Pro versions have not stopped working, nor has Apple stopped work on FCP X – in fact, they’ve just started working with a paradigm-shifing, extremely strong and powerful foundation upon which to build. Have a minute of patience, please. I heard the same sort of whining when we went from Mac OS 9 to Mac OS X and some had to be dragged kicking and screaming. People stopped crying over Mac OS 9 in short order, too.

Or who perhaps some editors feel a little bit threatened that “non-pro” users will be able to edit so well for so little? And/or perhaps it’s coming from Apple’s now price-demolished competition who simply cannot crunch their numbers and make them come out profitably if Apple is going to offer Final Cut Pro X for $299?SteveJack, MacDailyNews, June 24, 2011

Related articles:
Apple significantly updates Final Cut Pro X – January 31, 2012
TV producer Bunim/Murray Productions drops Apple’s Final Cut for Avid editing software – January 4, 2012
Apple releases Final Cut Pro X 10.0.2 Update – November 17, 2011
Editor Walter Murch is feeling better about Final Cut Pro X – November 8, 2011
Apple releases major Final Cut Pro X update; debuts free 30-day full version trial – September 20, 2011
Film editor: Apple’s Final Cut Pro X is flexible, powerful, incredibly innovative software – September 12, 2011
Gartenberg on Final Cut Pro X: Why Apple dares to change your apps – July 17, 2011
IT Enquirer reviews Apple’s Final Cut Pro X: Very much a professional’s tool – July 8, 2011
Apple to allow additional Final Cut Pro 7 enterprise licenses; FCP X improvements coming soon – July 7, 2011
Former Avid employee on Final Cut Pro X: Only Apple seems capable of pushing boundaries – July 5, 2011
Why Apple built Final Cut Pro X – July 1, 2011
PC Magazine: Apple’s Final Cut Pro X makes serious leaps and bounds past its predecessor – June 30, 2011
Shake product designer explains Apple and Final Cut Pro X – June 29, 2011
Apple answers Final Cut Pro X questions; promises multicam editing and more – June 29, 2011
Change.org petition demands that Apple not change Final Cut Pro – June 27, 2011
Final Cut Pro X ‘backlash’ coming from competitors scared to death over Apple’s $299 price tag? – June 24, 2011
Conan blasts Apple’s new Final Cut Pro X (with video) – June 24, 2011
Answers to the unanswered questions about Apple’s new Final Cut Pro X – June 23, 2011
‘Professional’ video editors freak out over Final Cut Pro X – June 23, 2011
Apple revolutionizes video editing with Final Cut Pro X – June 21, 2011