What do you like best?
Red Giant's Magic Bullet Suite is a plugin suite for Adobe After Effects and Premiere. The suite focuses on color correction and grading tools.
Adobe Premiere is my editor of choice, but one aspect of Premiere that I've always thought inadequate was the color grading tools. Colorista III has a full set of grading tools in order to create high quality color grades. One could also use the presets in Looks or Mojo to quickly choose a preset in order to save time or find an inspirational starting point. Looks is fully customizable as well, and a "look" can be built up from scratch.
The suite comes with many other plugins that have very important roles in the color correction process. Denoiser II is crucial for cleaning up grainy footage, and Film can be used to emulate the look of film stock.
What do you dislike?
There is not much to dislike about this suite. If I had to pick, it would be the price tag. At $800 per license, this suite does require deep pockets. However, there is a half priced student version, and each plugin can be bought individually.
What business problems are you solving with the product? What benefits have you realized?
As an independent visual effects artist, I am required to complete every step of the process, from modeling to compositing. Compositing may be the most important step, since if it doesn't not blend into the scene it won't matter how well it is animated.
I always had trouble compositing, because the simple color correction effects within After Effects only seemed to get me about 80% of the way there. On a recent project, a colleague of mine recommended using Magic Bullet Looks, and it made it made compositing much easier and more realistic. I recommend using Chromatic Abberation, Diffusion, and Grain to create a seamless composite.