For users on older Mac hardware, it remains a fast and usable tool for standard editing tasks like color correction and quick cuts. Critical Limitations
Version 7.0.3 added critical support for Sony XDCAM HD422 and improved AVCHD importing. It is highly effective for editing HD film and capturing footage from DSLRs. Final Cut Pro 7.0.3
Glitching transitions that result in green screens or frozen frames during export. For users on older Mac hardware, it remains
Frequent crashes or freezes on the splash screen due to audio filter conflicts. For users on older Mac hardware
Final Cut Pro 7.0.3 Troubleshooting: Export Issues and Solutions 3: Fixing Grey Transitions and Skipping Frames. JustAnswer