You slight Premiere too much. And this is coming from a Final Cut editor. Whether you want to admit it or not, it has drastically improved while Final Cut has largely remained dormant. And it has entered the playing field that Avid and Apple already occupy. Hell, the BBC switched over to Premiere a couple of years ago. There are other big time studios doing the same.
A lot of your praise for Final Cut is because of how it plays with its sister programs, but that has been implemented by Adobe as well and probably better (at least in my experience).
Your Pixar history is a little misguided too. I'd also be willing to bet that they cur their stuff on Avid.
Ditto and then some. Using PP on a home built Gulftown machine with a FX3800 Quadro, I was just editing some EOS7D footage. So nice to not have to recode just to work on it and wow, if I make an edit like say just move a clip from one track up to another an not shift it in time I don't have to waste half the morning re-rendering just so I can see the change. PP with the Mercury engine rocks and completely blows the doors off FCP speed wise for editing HD footage, and while you can make a very high end MacPro system get close, you can put together a Win/CS5 system for less than half the price. I can put up with a fair amount of PP idiosyncrasies for that exchange in dollars.