The Current State of Linux Video Editing

An anonymous reader writes: The VFX industry has for most of the last 30 years been reliant on Macs and Windows machines for video editing, primarily because all of the Linux-based FOSS tools have been less than great. This is a shame, because all of the best 3D and 2D tools, other than video, are entrenched in the Linux environment and perform best there. The lack of decent video editing tools on Linux prevents every VFX studio from becoming a Linux-only shop. That being said, there are some strides being made to bridge this gap. What setup do you use? What's still missing?