Blackmagic's DaVinci Resolve 10 finally entered public Beta back in September, and many of you have already begun using it for new projects. You can take version 9 projects into 10, but not the other way around, so starting something in 10 until today meant you were pushing forward with software that wasn't quite complete yet (though stable for most uses). There is also some information that has been overlooked, and that's related to the Lite version of the DaVinci Resolve color grading suite.
If you're planning to project your film in a theater anywhere, there's a good chance you'll need a DCP, and Resolve 10 can handle that very easily:
For project delivery, DaVinci Resolve 10 includes full audio track visibility in the deliver window timeline as well as EasyDCP integration so users can render directly from their project timeline into a Digital Cinema Package for release to theaters. Because DaVinci Resolve 10 allows rendering from the camera RAW file directly to the Digital Cinema Package files in the highest quality 32 bit float, there is simply no better quality possible for a cinema release master. Customers simply need to purchase a license from EasyDCP to enable this feature.
The Resolve Lite started its life as a mostly crippled version of the real thing, and over the last year or so the differences have been shrinking. Resolve 10 Lite now supports both 4K resolution (it's labelled as 4K UHD but limited in output to 3,840 x 2,160) and GPU support, so while there are some who will need the few extra features in the full Resolve 10 (like support for multiple GPUs and multiple RED ROCKET cards), many will be able to get away with the Lite version of the software. Another exciting feature in Resolve is the support for OFX plugins, which means that it can work with software like the plugin version of FilmConvert to get your LUT and final grading all in one application.
You can find the Resolve 10 update over on the Blackmagic Support page, and it's available for both Windows, Mac, and Linux, with the Free version available only for Windows and Mac. If you want to buy the full version separately, it's still going to be about $1,000.