The Camera Import Dialog allows you to open previously archived media. Here, I was able to use the Open Archive button to open these Panasonic P2 files shot on an HVX200. This 720p DVCProHD media was archived in the original card format via two different software tools, using Panasonic's P2CMS software to extract the material

Tools that some videographers have built entire workflows around--such as DVD Studio Pro, Color, Cinema Tools, and Soundtrack Pro--are history. Moreover, there is very limited support in the FCP X debut for third-party codecs and little if any third-party hardware support--at least until Lion (OS X 10.7) ships and people get their heads around Thunderbolt I/O.

As a working industry professional, all of my workflows are centered on acquisition and delivery of various content options and formats for clients. However, FCP X excludes 3D editing, professional monitoring, and a large chunk of my broadcast market capabilities.

All of those Blackmagic, Aja, and Matrox hardware products have limited use with the initial launch of FCP X. Third-party plugins and effects are also limited, leaving many wondering how long a huge base of prosumer and professional users are going work without their regular hardware and software.