LumaFusion, aka the only way to edit professional video on iPad before this announcement, supports direct editing/ingestion and working directly on an external ssd. With USB-C and thunderbolt supported on the M1 ipads, the experience is basically, hook up your 4TB samsung external portal drive, and edit away. You don't need to copy the information onto the ipad itself. The export also goes to the external drive.
If BMD did not support this fuction for Resolve, they will have a hard time competing against LumaFusion.
However I think LumaFusion will be very carefully monitoring this market. It is theirs to lose.
LumaFusion is a fantastic app, but I do find it a bit fiddly to use sometimes - really precise edits are much harder than they should be. Looking forward to giving Resolve a go though.
If BMD did not support this fuction for Resolve, they will have a hard time competing against LumaFusion.
However I think LumaFusion will be very carefully monitoring this market. It is theirs to lose.