True, but let's not forget that you'll still need some 2D/3D animation via After Affects and DVD authoring via Encore. I loved Avid, my first NLE, and they are still the kings, but the price does jump up there for ownership of the king NLE software.
You're totally right... but you get what you pay for. Running Media Composer and the Adobe Production Suite is a pretty bangin' setup for me!