The newly released Final Cut Express 4 addresses two big events directly: the shift to camcorders that record to high-capacity memory cards, mini-DVDs, or built-in hard disks, and this summer's release of iMovie '08. Jeff Carlson takes a first look at the video-editing app and finds more than just an alternative to iMovie '08 but a missing next step that restores the control enjoyed by iMovie HD users.
