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I don't think they over thought it I feel like the release was rushed. They even said multiclip and xml support will be added later on. I feel like this is a great tool to cut small 5-10 minute clips shot on a DSLR or something. But if you have a long 2 hour movie it will be a head ache. I hate how there are no tracks. I'm used to muting some audio to listen to a single track better and I can't figure out how to do it in this. I also use multiple sequences in a project and that is taken out too. I sometimes add a few clips onto the end of a timeline leaving a gap, then organize and cut form there and you can't do that because of the magnetic bullshit. I also hate how projects are called "events." That is straight out of iMovie. A music video or a documentary is not an event.
I feel like Apple tried to be too revolutionary with this release and changed some elements that are key to video editing.
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