FCP7 will still work for years to come (or until Apple fixes this mess). I haven't tried FCPX and I don't intend to anytime soon. I'm too busy making money with FCP7. Premiere and Avid are still viable alternatives and any editor worth their salt should already be familiar with all three. If Apple had only made a pathway from 7 to X (like being able to open a project created in an earlier version) it would've made this pill easier to swallow. No worries, this happens all the time - remember Media100? Step back, regroup, press forward and never look back. Just save all your projects as XMLs and make the transition to Premiere. You probably already own it anyway.
Thanks for the links. I started my transition to Premiere a couple of days ago and it's no big deal, the learning curve isn't huge. Adobe is committed to graphics and video professionals, always has been and always will be. I'm a big fan of AE and was looking for an excuse to swap anyway. Thanks Apple for nailing the coffin lid shut.
You are so right about it being no big deal. Every NLE has its' feature set, and every editor has his/her favorite features and shortcuts. Outside of that, there's really only one way you can build a time-based NLE. They pretty much are all the same. I've used AVID, Edit*, various CMX and GVG hybrid systems, Premiere Pro, and for the life of me, I can't see why any editor can't jump on one and be up to speed in a couple of hours.
AVID is the only one that gave me fits, because they designed it so you had to have training, and there's that "I'm an F-16 pilot" appeal, because nothing on the AVIDs, other than the timeline, is intuitive. They designed it that way, I think, so that you'd have to buy their expensive training. Once you're under the hood, it's just like any other NLE...just harder to grasp initially.
I love Premiere Pro CS5 (and previous incarnations) - it's easy to use, there's tons of support from Adobe, plus learning tools on Adobe TV, and, get this...they actually listen to their users! I can't say that for AVID - the AVID salespeople (at my last job at a broadcast facility) told our engineers anything they wanted to hear, and then when it came time to make it work, everything always cost an extra 10, 15, or 20 thousand dollars. The AVID support was expensive, and the first words out of supports mouth were always that it was the operating system's fault, or the third party hardware's fault. They passed the buck like champs.