You can now rename color corrections and effects directly in the inspector to keep complex edits organized. System Requirements
Version 10.7.1 optimized the recording of ProRes directly to external storage. This is a game-changer for editors working on MacBooks with limited internal SSDs. You can now record high-quality 4:2:2 ProRes footage via USB-C or Thunderbolt without clogging your system drive. Final-Cut-Pro-10.7.1.dmg