OK, I took the plunge and tried FCP-X to see for myself what it's like.
It's very fast, the way you scrub through clips in the bins is impressive and the built in filters are a good start. I also note that decklink now have drivers for most of their cards. BUT I wanted to add a simple colour correction to a clip, no problem with that using the colour board, but then I tried to add a keyframe so the correction would change slightly of the duration of the clip. Simple, basic stuff.... But you can't. You can't keyframe the majority of the effects, only the motion effects and a couple of others. This is such a simple, fundamental thing that I take for-granted with every other pro edit package. It's not an advanced feature and yet it's completely missing. FCP-X is not ready for me yet, too much stuff missing to make it useful as my NLE of choice.
Premiere CS5.5 looks better and better by the day.
Editing XDCAM with Final Cut Pro
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