Lion and FCP 6.0.6

I am reading conflicting reports about whether Lion breaks FCP 6.0.6.

I'm on a Mac Pro 2,1. 8 Core vintage 2008. 8 gigs RAM. FCP 6.0.6. Currently I am running OS 10.6.7, Quicktime 7.6.6 and ProKit 7.0.

I guess the best way to find out is to create another boot drive and try. However, if any of you fine happy editors out there have experience in this, please relay it to me.

(I would stay with Snow Leopard, but my email account and mobile-me FTP site thingy have a looming date with death in June, since Apple says my email, @mac.com, and this new fangled Cloud thing won't work under Snow Leopard)

With thanks,

Harry.