Apple today released Final Cut Express Update 4.0.1 via Software Update for existing Final Cut Express 4 users.

This update addresses compatibility issues with AVCHD camcorders, improves stability when using third-party FxPlug plug-ins, and addresses a number of other minor issues.

For more information about this software update, see the Release Notes.

Changes detailed in the Release Notes include a fix for a permissions issue related to OS X Leopard, additional Easy Setups for working with Advanced Video Codec High Definition (AVCHD) and HDV footage, and renamed sequence presets. The update weighs in at 122 MB.

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