I have FCS 1 and it has served me well. I film birthdays and shows but also make my own movies as a hobby. I can pretty much do everything I need to do now but I'm always looking at ways to cut my time and have things easier for me, if that means upgrading. Other than FCP and DVDSP4, I really don't use Soundtrack Pro (except for built in sound loops) and Motion. I can imagine learning Motion in the future for creating DVD menus and interesting video transitions. And I'm also especially craving for smooth cam. Color also sounds interesting, but I'm still not sure how what it can do for me. To my knowledge, isn't it like a super revamp version of FCP's built in color correction? So what can it do that the built in color corrector can't? And is it still worth shelling out the $500 upgrading to FCS 2 now that it's been out for a long time or should I shell out for FCS 3? What are the chances that it's coming out next year?