Yeah no it's still going strong, with a recent update - FCPX. I've used Davinci and didn't really get on with it, spend most time in Adobe Premiere Pro, but yeah FCPX seems to be pretty good tbh, it's already outperforming my CS6 version of Premiere in terms of features and stuff.

I might change my mind about it once I run some more complex edits, but initial tests have been great.