Disclaimer: I am NOT a professional video editor
What is "multicam" and how is it different from "supporting multiple video tracks" ?
If I were to guess, multicam means 2+ cameras recording the same event from different angles and giving a mechanism to quickly sync those streams and switch between the various angles. This is what I think people are saying is missing.
Multiple video tracks = I can stack different clips and cut between them and overlay them. This I am assuming it DOES support, right?
So why can't you take two cameras, stack their video and then cut back and forth between them? Just please explain in dummy terms what is missing re: Multicam
Basically, on shows I work on, we have up to 11 cameras at a time, with 44 audio tracks (one for each celb, audience audio, etc... We mix in 5.1). When we are editing we 'group the clips' together in order to create a single clip that we double click and it gets loaded into the source monitor, and displays all cameras which play back simultaneously. And we're always able to instantly match back, extend shots, find out where we left off, etc..
We can then splice that clip into a timeline, and always change the camera or audio track by just right clicking the clip. The way you described does work, but for small things that you can do a couple 'add edits' and copy and paste, but we can't keep going back to the 'synced' sequence like that and finding where we got xyz from in our ever changing environment.
Basically, until fcpx has multicam support there is no way it can be used in a tv project that shoots with more than one camera. The network won't allow the production to waste time with a workflow when they could just choose another piece of software that does it efficiently. Reality TV Shows, Network shows, all tv is very very cheap.
EDIT: The biggest problem with this is that Apple didn't need to do all this, they could have just updated FCP to FCP 8 or whatever and introduced support, they are adding features or just introducing features that other software has had for years now. And now they have to go back and reprogram features that we've had for 6 years with other software and FCP7. Honestly the last REAL revision was in 2007 with FCP6. That's 4 years of very little bug fixes, 4 years of not introducing new features and 4 years to build an application that was on Par with what we had a long time ago (FEATURE WISE).
Yes, FCP 7 does a lot under the hood, but as far as what it has x64bit, use of multicores, we already have had that with competitors for a year or two now (Top of my head for this 'fact').
Even with the fastest programmers, how long would this take to get it to where FEATURE LEVEL it was on par with FCP7?