Final Cut Express 4 released, dropped to $199 →
https://marco.org/2007/11/15/final-cut-express-4-released-dropped-to-199
The severely stripped-down iMovie ‘08 makes more sense now. Apple wants more people using the Final Cut line so they have the opportunity to upgrade to the very-expensive Final Cut Pro. By dropping Express from $299 to $199 and removing the attractiveness of iMovie for anything except the most basic use, they push more people into using Final Cut Express.
I don’t know much about pro video editing. Is Final Cut Express is any good?