Final Cut Pro X dropped today with a friendly $299 price tag. It's not the full suite that we're used to purchasing, but I actually like the ala-carte method better. Motion 5 and Compressor 4 are also available via the Mac App Store for $49 each. So for $400 you could be on your way to making some decent video productions.
When I have a chance to download and test, I'll write up a quick review. For now though--has anyone else upgraded? Planning to upgrade? I've heard that there are some short-comings with this first release of Final Cut X, but I don't see that stopping anyone from upgrading (just keep your current version handy in case there are issues.)