If it just worked, it would be incredible... but there are bugs everywhere

But you WILL lose footage as every few clips you record, you eventually WILL lockup and have a chance of losing the footage you were recording. Sometimes it refuses to stop recording... the record start/stop button just stops responding... and sometimes it just simply crashes. So if you want to use it professionally, you are opening and closing the app out of memory over and over just to get it to record clips.. and I only recommend recording two clips at a time before restarting the app.

jesse.nemitz about Filmic Pro－Video Camera