Just downloaded the trial, and I'm liking the video feature. Made a quick Test video and the quality seems perfectly fine. Direct .avi file from fraps into CS6 and render out from there. Obviously its not as comprehensive as a dedicated video editing software but its still cool, and Ill be using it.
There are other cool new features too.
This Youtube channel shows some of the new features.
Run some road series, Mustang or Skippy is good. IndyCar fixed is also nice to run (if you have the content). Dunno about the Oval side but Im enjoying the road racing.