I have searched the forums (perhaps not too well though), and have found some info on this subject, but no definitive answer. So here is my question: If I buy FCP 4 for $499 with the educational discount, will I be eligible to upgrade to FCP 5 (or whatever the next version is), whether it be the academic or retail? Academic FCP 4 ----> Retail FCP 5? Academic FCP 4 ----> Academic FCP 5? I doubt the first is true, but I am unsure about the second one. When you buy an academic version of a piece of software, do you shut yourself out from future upgrades? Thanks.