There is some speculation that the next release of Final Cut Pro which is part of the Final Cut Studio suite of video editing applications, will be coming sometime this spring according to sources that spoke to TechCrunch. Some people had been speculating that Apple may stop working on the far more professional-orientated Final Cut Pro and focus on the consumer iMovie program but Steve Jobs sent some of his trademark short and vague emails last year saying to “Stay tuned and buckle up” and also “Next release will be awesome.”

Supposedly Apple recently held a preview of the next version of Final Cut Pro on its Cupertino campus in which a small group of video editors were invited for feedback. This forthcoming version of Final Cut Pro, the eighth, is said to be “the biggest overhaul to Final Cut Pro since the original version was created over 10 years ago.”

A source told TechCrunch that the release would have a multitude of extensive changes from low-level architectural changes to a complete user interface redesign. 64-bit support is also expected to be on the list of improvements, something that its users have been quite vocal about. Those that have seen a demo of the product have said that the changes can be classified as “drastic and ambitious”.

[Via TechCrunch]