Now I was a huge fan of SpeedGrade when it existed, and greatly lamented it’s passing when it went away. For those of you who don’t know, SpeedGrade was a professional color correction software much like DaVinci Resolve that Adobe purchased and added to their creative suite for a while, and then gutted it and that is where the Lumetri color panel came from. What I miss the most was that unlike with DaVinci where you render out movies with the grade baked in, the grade from SpeedGrade could be exported a single movie or movies of each shot, but you could also roundtrip to premiere and the entire grade came back to Premiere as the Lumetri plug in on your clips! Not only was this much faster, especially since most Lumetri grades would play back in real time without rendering in Premiere, but it saved hard drive space too and made the whole round-tripping thing a real pleasure.
Sure it wasn’t quite as powerful as DaVinci Resolve at the time, but it was plenty powerful and at the time even beat DaVinci on a couple of things.
Of course by this point DaVinci has vastly moved on from SpeedGrade, but this is Adobe we are talking about, and they could certainly update it (and give it multi-monitor support). And maybe bake in some After Effects tools for masks and tracking and the like.
Now Premiere Pro has the Lumetri Color Panel, but it isn’t near what SpeedGrade was and no where near what Premiere can do. So the Adobe Creative Suit really needs a high end color correction package and it could be the evolution of SpeedGrade or as Randi Altman called it Lumetri Pro (I wish I could take credit for the name).