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Take a look at the video above. The new FCPX in action? Wrong, it's an iMovie timeline worked up by Scott Simmonds. Looks slightly familiar doesn't it?

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Is it possible to give an award to a product that hasn't been released yet? Of course as Videomaker have given the NAB 2011 award to Apple's Final Cut Pro X.

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Walter knows his stuff, he grades using Color on a regular basis and has produced a top selling Color instructional DVD. He managed to squeeze some demo time at NAB to take a look at Baselight and the FCP plugin.

Two reasons for posting this video. The first is the fact that PluralEyes is a pretty amazing piece of software for synching clips and audio together. The second, well take a look after the break.

Those FCPX Presentations filmed from iPhones, iPads, Canons, Nikons, and Panasonics are starting to spring up across the net, like Pink Floyd bootlegs. Some have been filmed from bags, other like Emmanuel Pampuri's managed to get both presentation party and screen in shot, and with a somewhat frenzied sting on the front! Well done Manu for posting so soon. Part 2 after the break.

FCPX

FCPX - It was the news we've been waiting a few years for but it was worth it. Awesome, jaw dropping call it what you want FCPX (10) takes editing to a new level. All the new features after the break.

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It will be the last because from tonight when the 'new' FCP is demoed at the SuperMeet, FCP7 will named the 'old' Final Cut Pro. Tonight will be a watershed...

We all want this and we completely agree with Jason Rose when it comes to editing and keyboards. However demoing FCP7 with a touchscreen seems slightly odd with the new version less than 48 hours away.

baselight_for_FCP

Hot news indeed. This plugin gives editors direct access to Baselight functionality within Final Cut Pro.  You can render the Baselight settings within Final Cut or export them as an XML list to load into a Baselight system. Could this just last 4 days before the new FCP is announced? 

editshare

Editshare ups the ante as it introduces 'Energy', its new high-performance mid-range shared storage solution at NAB 2011. The beauty of ‘Energy’ is that it offers advanced project sharing with sequence and bin locking for Avid, Apple FCP, and Lightworks. If you want more than one FCP editor working on a project then this might be the answer.

Noise Industries powered PHYX Keyer 2.0 amps up popular keying plug-in pack with three new keying plug-ins for increased keying accuracy, speed and control in Final Cut Pro, Motion and After Effects. All the info after the break.

Check this out if you want to get the latest buzz on the new FCP and what's going to be what in NLE in the near future. The March 2011 Editors' Lounge was the 8th year of their annual NAB discussion panel and featured an influential panel of guest speakers: Steve Cohen, Terence Curren, Mark Raudonis, Michael Bravin and Lucas Wilson. The second part of the discussion after the break.

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It started with a tweet from @editorslounge and by the end of the day had grown into the biggest piece of Final Cut Pro news since Larry Jordan dropped his jaw.