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While Apple has received significant criticism for stripping out a number of features from its professional-level video production software in the transition to Final Cut Pro X, the company has said that it will be updating the new application on a regular basis, and has acknowledged that it is working on restoring some of the lost features.



From MacRumors:
One of those missing features is compatibility for XML projects, a popular open format that Apple had embraced in Final Cut Pro for several years before eliminating it in Final Cut Pro X. According to Philip Hodgetts, Apple has apparently stated that it is working on a replacement for the XML workflow, as well as the ability to import XML from older projects into Final Cut Pro X.
  Evidence of XML Importer Found in Final Cut Pro X