You'll recall that Apple has been gradually increasing the options available to the free version of QuickTime, like full screen playback mode. Other features of the Pro version -- like simple editing and export options -- were unlocked with in a recent developer's build of Snow Leopard.
Of course, this may be a way to let developers test all aspects of QuickTime, but we're hoping that's not the case. With the popularity of Apple's video editing software like iMovie and Final Cut, it seems that simple cut-and-paste should be free with QuickTime. Launching one of those apps just to complete a simple edit is overkill. Kind of like swatting a fly with a Buick.
We've got our fingers crossed.