Throughout its history, Corel VideoStudio Pro has been one of the most consistently capable video editing packages, and it has been around a long time. Corel's bizarre use of the Roman numeral for ten obscures this somewhat, but VideoStudio is now on its 13th incarnation. This may seem like an unlucky revision, but it contains some key additions, particularly regarding editing performance.
However, the first clear difference compared to the previous version, Corel VideoStudio Pro X2, is the new Launcher. When you load VideoStudio Pro X3, you're presented with an initial splash screen that gives you options to head for the DV-to-DVD wizard, call up DVD Factory Pro 2010 or VideoStudio Express 2010, as well as the full VideoStudio Pro X3 application.
The second clear difference appears when you choose the main app. Corel has significantly redesigned the look of VideoStudio's interface, although the core functions are arranged in a similar fashion to previous versions. Production is still divided into three basic stages - Capture, Edit, and Share - which are ranged as tabs along the top of the interface. However, each of these stages is no longer broken down to separate tasks in the same way, making the process somewhat easier to understand.
If your current edit is simple and doesn't require the power of the full app, you can now use VideoStudio Express 2010 instead. This is a brand new addition to the toolset, providing a considerably cut-down selection of capabilities. First, the app will scan your hard disks for content, from which you can choose the files you wish to include in the edit. You then select a style, after which VideoStudio Express will cut your video together for you.
You can add more media, change the style, and apply titles as well as a soundtrack. Individual clips can be trimmed and reordered, you can add white balance, change brightness, reduce noise and reduce shake. Essentially, this is a wizard-based automatic editing tool. But it can also directly share your videos on YouTube, Vimeo, Facebook, Flickr, and via email as well as creating a standalone file. Projects can be sent to the full VideoStudio app, too.