Great read from editors who actually tried the software out over at Philip Bloom's site:
There are many people who still want the print to tape feature of Final Cut Pro 7. And I was one of them, especially if you, like me edit a show that requires you to print to tape for broadcast delivery. Apple, like only Apple can do (reminiscent of not allowing flash on an iPad) has basically rendered tape-based workflow dead. I don’t know if that is a good thing, but as I tell my students “it is what it is” and you must find a work around.
Working with Final Cut Pro X has been like being a cruise that starts off really bad, but you know by the end of the vacation it will get better, and it just did.