Paul Harrill:

Below I’ve offered my highly-subjective and quite likely wrong translations of some of the more curious Q+A sections of Apple’s FAQ. I’m no fortune teller, and if I’m wrong I will be happy to be wrong. But this is a very carefully worded document and, as is often the case with PR statements, what’s not said is as important as what is.

Cogent, straightforward and free of fear-mongering. Also, see his original piece on filmmakers’ knee-jerk reactions to FCP X. Great.