It looks like you can actually edit each specific panel, rearrange the order, rename, and create new panels specific to how you work. The panels aren't necessarily anything new - but having them as tabs that are easily switched is new and nice.
I just spent the last couple hours color grading a project and it was an incredible experience. Just so intuitive and easy. I simply created a base look, saved the look, then copied the look to each clip adjusted accordingly. The workflow panels make it easy to switch modes back and forth. I'm sure it's all utilizing the same computing power as Adobe SpeedGrade. All my playback was smooth with no artifacts before or after the render.
Seriously easy to use. I was working with C100 footage which is normally a huge pain to fix coloring or exposure problems but this update made it super easy and did a good job with it.
I think their pricing is already helping the cinema community.
No camera is really what it's advertised to be.
These are amazing updates! I'm pumped to start using them. I've been wanting something as simple as the sliders in Adobe Lightroom and CameraRAW for years now. They are much more intuitive (and efficient) to me. I've always hated switching into Speedgrade for doing basic coloring fixes - this should help me avoid that. I think sharing .look files will start being a fun little activity for us.
Brace yourselves, "faded film" videos are coming.