I also have a VLabMotion/Toccata setup, DraCo's predecessor. It's a decent NLE for the big box Amigas. The cards are Z-II so the video quality is limited by Z-II bottleneck. Composite & Y/C in/out only, no firewire option for VLM. Also, it can only use 4GB partitions and only the 1st 4GB of a drive. Going beyond that with another partition will overwrite the first one. There's no patch available since MovieShop bypasses the normal AmigaOS for drive access and uses custom format partitions. When I get my A4000 reassembled, I'll try using 4GB CF cards.
Broadcaster Elite was the only NLE for Amiga with component video. There was a prototype add-on for DraCo but it didn't get released. But the DraCo firewire more than makes up for that shortcoming. An you can pick up an old M100 card to harvest its firewire board for the DraCo at a reasonable price, compared to what MacroSystems charged when they sold it.
MovieShop has two editing modes for timelines, basic a/b with an fx/transition track & 1 title track (like the older M100) and an RPN mode (reverse polish notation) that offered unlimited layers. The multiple layers are processed in RPN order. With nesting, you can mix & match timeline types in the same project.
Some timeline editing features are insert/move/replace, auto-length, snap to position. Window tabs are nice. You could add meta-data to the clips in your bin. Save multiple custom window arrangements. It also supports arexx scripting so you could simplify complex functions with custom scripts.
Sample MovieShop5 screen:
For a few projects, I used M100/RED for more complex composites & rendering, transferred the 24bit frames to DraCo via data-DVD.