The second large change is the switch to relative paths in project files. This means that if your videos or images are in the same folder as the project file (or a subfolder), you can easily move your work to another drive and reopen it without issue. This should really improve the experience for people editing projects on several computers, or switching between different operating systems. And this should also fix issues for teams doing collaborative work with projects on network drives or removable drives.
Oh my god, this wasn't the norm?
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