Using Clip Connections, you can link primary story clips to other elements such as titles and sound effects, so they stay in perfect sync when you move them along the Timeline. Related story elements can be combined into a Compound Clip that can be edited as a single clip.
The Content Auto-Analysis feature scans media upon import and tags the content with information that helps it organize the clips into Smart Collections letting you filter clips easily by the type of shot (close, medium, wide) or by the amount of people in them. An Auditions feature lets you swap between a collection of clips to compare alternative takes easily.
"Final Cut Pro X is the biggest advance in Pro video editing since the original Final Cut Pro," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "We have shown it to many of the world's best Pro editors, and their jaws have dropped."
"I'm blown away by what Apple has done with Final Cut Pro," said Angus Wall, Academy Award-winning film editor. "Final Cut Pro X is incredibly modern and fast, but most importantly it lets you focus on telling your story in the most creative way, while it actively manages all of the technical details."
Final Cut Pro X is available for $299.99 from the Mac App Store. Two optional applications are also available to be used alongside Final Cut Pro X; Motion 5 and Compressor 4 for $49.99 each.
Get an overview of the program features here.
Tech specifications (including minimum requirements) are available here.