The release of Final Cut Express 4 redefines that tiered structure. Things have gotten more restricted with the new version of Final Cut Express. Final Cut Express creates a new sequence that contains the source video files in the Browser and a movie in the Timeline that has the same edits as in iMovie. Any existing transitions are converted to Cross Dissolve transitions in Final Cut, and the volume levels of the video clips are retained.
Supporting both i and p HD resolutions, Final Cut Express 4 automatically performs the necessary scaling, cropping and frame rate adjustments. When starting projects from scratch, the new simplified setup automatically configures everything based on the first clip dropped on the Timeline.
Final Cut Express 4 Tutorial #1