Maybe. I hope not. All the filmmakers/editors I know still use a previous version of Final Cut, many of them really like some of the features of Final Cut X (syncing is apparently dead easy, nearly automagic), and remain hopeful that Apple will pull it together and address their needs in future updates.
I don't know if you have used/use Final Cut 6/7, but it is a phenomenally ugly, often poor performing, generally unintuitive piece of software. I can see where the motivation for a full reboot would stem from.
Now, a reboot that involves consolidating formerly modular panes into a single window when the target market typically works on two, three or more displays is just dumb. A reboot that was, as a practical matter, 0% backwards-compatible may have been necessary, but if it could have been avoided, it should have been. But buried under all the mistakes, I think there was some genuine good intent (yes, I know I'm grasping at straws).
I primarily work with music, and you don't need to be as involved as I am or attend as many shows as I do to know that for any artist/band that uses a laptop on stage, the MacBook Pro is the de facto standard. The same applies to Mac Pros in studios (although those boxes may be going the way of the Dodo as well).
None of this necessarily makes a difference to Apple; the new features in Mountain Lion which focus on Chinese web portals and social networks serve as a reminder that the emerging Chinese middle class is likely as important a segment to Apple as any, and the number of potential customers in that group already dwarfs the ranks of every DJ, producer, sound engineer, and electronic musician on earth.
Still, it would be a great disappointment to me and many others if Apple were to abandon such a loyal group of customers who helped them reach this point.