I have FCP 7 on my system and I am starting a project with a director who has FCP X - he'd like me to upgrade but I'm tentative after all I hear on X.
Is there a way to make 7 and X compatible....does the XML system work with these versions?
Not advisable to install FCPX on the same drive as FCS3. David Roth Weiss wrote an excellent tutorial on the better way to do this by partitioning your drive and installing a second bootable sector with Lion & FCPX on it.
The are issues with installing both version on the same drive so unless you are prepared to potential break a working FCP7 then read and consider.