Time to buy FCP X?

Question

I'm hoping the community can help me with a decision.
I am not a professional editor.  I consider myself a serious hobbyist, creating multi-cam “event videography” or documentary videography (as opposed to fictional narrative/story-telling type of movie making).
I was very excited when I watched the NAB video demonstrating FCP X, and was anxious to purchase it when it was released, hoping I would get affordable access to simplified color correction and the ability to view multi-camera shots (I assumed, since it had been a part of FCS).
I have read many postings about FCP X, many of which focused on complaints about this new version. Two things that sent up red flags for me:
FCP X does not allow the user to     set the scratch disc. Does this limitation have something to do with     how the program utilizes the 64-bit/multi-core features of the newer     Macs?And
There is no multi-cam view     editing (at least nothing that I can't do now with FCE).
Several posts have suggested  that Apple has assured users that the multi-cam editing feature will be included in future upgrades/versions, although I've personally been unable to find anything about this provided directly from the Apple web site.
I'm very familiar, (although by no means an expert) with FCE.  I am not at all familiar with iMovie.
In your opinion, should I purchase FCPX and start learning it, with whatever shortcomings exist (and with crossed fingers that multi-cam will be added in the future)
OR
start using iMovie to help familiarize myself with that software's “architecture”--if that's the correct use of the term—in anticipation of the “new and improved FCP X” due sometime in the future (and in the meantime, spend my money on a Blu-ray burner or another external hard drive)?
Thanks for your time and input.
Gary

Answer 1

I'm not sure this will help you.
I have never used fce, I have never used iMovie. I opened iMovie for the first time ever about 6 months ago - too weird and closed it after about 15 mins.
I have used fcp since 1.5 and am familiar/comfortble/profficient with it. I used to be full-time in video editing/camera/production but not all that busy in that area for a couple of years.
I am not going to install fcpx 'til it's fixed or at least until there's a clear sign that Apple are going to reinstate the missing features from Fcp 7. Heck why bother to learn it if they don't reinstate them - it'll become some ******* child of the editing world. No use in a production environment.
AAPL look like they're trying to reinvent the wheel with this release - and reposition the product altogether.
I'll wait until it becomes clear - because I can. Other users will not want to wait and have to move to whatever tool works for them in their workflow.
It may be perfect for you.