here's another... Looks like their killing off Studio and rolling soundtrack and color into the main FCP app... Some of the features sounds like motion is being rolled in as well.
One of the biggest reasons for the price drop is that there will be no more physical copies of the program, it's being released through the App Store which does away with all of the really expensive physical distribution.
Although I won't be able to get this upgrade as it requires hardware that is far past the scope of my current working environment (read: anything from the past 2-5 years), This upgrade seems to deal with all of the issues I've ever heard brought up about Final Cut by users and apple's competitors. It also seems to address everything I've found cumbersome and annoying about my current (read: old) version as well... many were addressed in previous versions, but this hits all of the workflow ones that I was annoyed with - and if it's bringing all of the separate apps into one app, then you don't have to have separate environments to move between to work on a project, and all the possible resolution/compression issues disappear in one fell swoop!