The $1300 SW is Final Cut studio which is an all in one bunch of Pro apps including final cut pro, motion, DVD studio pro, soundtrack, compressor, livetype. The $300 SW you mention is final Cut Express which is a pretty full featured version. In fact if you have to ask what Final Cut Pro has that FCE doesn't you probably don't need those features anyway. Adobe just came out with Premiere for the Mac again and there is a free version of Avid DV available on Avid's website (I think it's still there anyway)
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