MAGIX may be associated with low-end music suites and sample libraries geared toward beginners but MAGIX Movie Edit Pro 2014 has surprisingly deep and well thought-out features for professionals. I've bought several low-end video editors and usually get frustrated with them offering the claimed features but finding no real control over how it works - for instance Commotion Pro. MAGIX allows you to get into the data to some extent.
A good example of this is how MAGIX performs image stabilization. It doesn't simply analyze and apply stabilization to a new generated video track - it saves it's analysis as tracking points that are visible on the timeline, giving you a lot more creative control over smoothing and/or zooming where needed.
The app is rather fast, utilizing full multithreading to perform precaching of video processing as you edit, which is nice when editing 4K content. There's a good selection of built-in effects filters and surprisingly this app supports several plugin types including from the freeware and very excellent VirtualDub.
Overall, I am really fond of this app and I've not run into any frustrations in the 4 different projects I've used it on.