Apple Post Final Cut Pro X FAQ

In order to help alleviate user's confusion over the new and improved(?) version of Final Cut Pro, Apple has release an FAQ. In it, they answer a number of concerns users have expressed over the update. Some answers may trouble users. Apple says you will not be able to import projects from older versions of Final Cut Pro into the latest version. They say that there are too many differences between the two suites. It seems as though they may have tried a solution, but couldn't find a good one. They do assure users though, that they can have both Final Cut Pro X and an older version on their Mac, and they will both work in Lion.

The FAQ can be found here.
via AppleInsider