You're assuming that if you didn't see a demo of it, it doesn't exist. iMovie has titling built in. They didn't demo titling this evening. Therefore, you're presuming this app has less titling than iMovie!
That seems pretty silly.
I made no such assumption, as far as less titling than imovie. But If there's a June release date, there is not 1 single major feature that hasn't been fully implemented. They are in final Beta. If they had a really high end titler/graphics engine, they would have shown it. Just like they would have shown high end grading. I'm not saying they're not coming at some point down the road, but I will eat a $100 bill on video if they have the full functionality of something like Color built in to this when it ships.
Look maybe what this all comes down to is this: They had to start somewhere, and they wanted to start selling it as soon as possible, and hope people will use FCS 3 + FCPX together until FCSX (why not jump to 10?) is released in 2 years.
Maybe this does have media sharing between stations, and pro tape i/o (which is still used by broadcast) But they don't need broadcast. That's the point. At $299 for the software, all they care about is people buying Apple Computers. And you know what? People buy Apple Computers who use Avid. Because they know at the very least, they can use FCP/Avid/CS5.5 on one system. And I do. And I will. I was just hoping at some point, I wouldn't have to choose between 3 NLE's on a per-project basis, as I will most likely be doing for the foreseeable future.
I LOVE the shiny new features on this. Thank GOD for 64-bit multicore. But in a lot of ways, tomorrow, many people will point out that Avid has been doing resolution and framerate independent timelines with ZERO rendering for like 18 months now. And Adobe's new warp stabilizer and h.264/avchd/red support are still pretty freakin amazing.
And I saw all the features through a tiny webstream, so maybe when I see it in glorious HD h.264 I'll change my mind.
But there's no reason in the 4 years since FCP 6 they couldn't have done all this and more. (FCP 7 was a really minor update) That's my frustration. They've been sitting on the COLOR tech, and they didn't fully integrate it? So we're still going to have to deal with the horrible round tripping as a best case senario? Or they didn't take some of the ideas of motion and integrate them seamlessly into the timeline, so we still have to use a separate FX program? Trust me, you could do this, and it would still be a good UI.
But fine, I'll plunk the $299 down and finally feel like I'm making use of all 8 of my cores, and pray for a day where I don't have to switch back and forth between apps.