Is everyone happy with the latest FCP?

Question

I know just about nothing about editing video on a Mac, but about a year ago I was ready to make the jump from my dedicated editing appliance to Final Cut Pro.  At the time, FCP was updating to the new X version.
The reason I didn't move forward on switching editors was because I read among the many unhappy reviews that the one feature that I was most looking forward to using in FCP was suddenly no longer in the program.  In my older editing machine, it's called "quad-cam" ... being able to enter four videos at once, cue them up, and then edit "on the fly" as those you were switching between four cameras.  I don't know what it's called on FCP.
I also remember reading that Apple acknowledged that it should not have removed it and was planning to put it back in.
Does the latest FCP have this thing back in?  Can I now edit multiple video streams at once?
And in general, is the latest version of FCP back up to speed, after all those nasty user reviews I read when FCP X first came out?
Or should I still hold off longer and keep using my old machine another year?
-JOHN

Answer 1

Well, there are a LOT of us who don't like it... here's just one example of a thread of what's wrong with it.  It is LONG: 
https://discussions.apple.com/thread/2814218?start=0&tstart=0
and another one...
https://discussions.apple.com/thread/3145153?start=0&tstart=0
Plenty of hate over here:
http://forums.creativecow.net/finalcutprox
> In my older editing machine, it's called "quad-cam" ... being able to enter four videos at once, cue them up, and then edit "on the fly" as those you were switching between four cameras.  I don't know what it's called on FCP.
Multicam.  Not in the current FCPX.  Apple promised that support in early 2012.  So if you want to use the latest version of Final Cut...and you need multicam support...gonna have to wait.
>Can I now edit multiple video streams at once?
Nope.  Well, not without stacking the old fashioned way.  But how that works with the magnetic timeline...?
>And in general, is the latest version of FCP back up to speed, after all those nasty user reviews I read when FCP X first came out?
Nope.  Far from it.  FAR FAR FAR from it.  I doubt it will ever be up to speed, because Apple has said FU to all the pros that used to use it.  Apple now is making it for the low end pros...not the high end pros.  For those wanting more than iMovie (note the IMPORT PROJECT FROM iMOVIE option), but not for those coming from FCP (there is NO WAY to import a project from FCP 7 to FCP X...unless you go through other apps like Resolve or CatDV.  And then it is ONLY sequences. 
>Or should I still hold off longer and keep using my old machine another year?
Depends on your needs.  DO you use what FCX has to offer?  Does it lack what you need?  If so, use what you have...look at the other options (Adobe Premiere Pro, Avid Media Composer) and see if they will suit your needs.  And see what Apple does in a year or two. 
Personally...I am not holding my breath.  I'll use FCP 7 for another year, but moving on to other options.  Apple blew it.