Apple today announced Final Cut Express HD, a major upgrade of its advanced video editing application for video enthusiasts, students and aspiring filmmakers that makes it easy to capture, edit and output High Definition Video (HDV) using all the features of Final Cut Express. Priced at US$299 (upgrade price of $99), Final Cut Express HD also includes LiveType for HD- quality animated text and graphics and Soundtrack for custom musical scores. Final Cut Express HD will be available in February.