Sorry, for some reason I can't edit comments on here?
I just double checked Resolve, and it does actually seem to have most of the same tools available, but I still feel as if the implementation is too clunky to use in place of Premiere, or even come remotely close to competing with Avid.
The feature set is getting close, but I've tried using the editor in Resolve 11 before, and it's way too clunky to compete with Premiere. In general, the interface is slow and inflexible, there are tonnes of timeline tools missing (sans the very basics), and we've had multiple sync issues when importing XMLs.
Although, I'm interested to see how they've improved 12, because it's still better than all free editors I've used (when discussing the lite version).